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General Insurance Corporation of India (GICRE.BO)
BSE - BSE Real-time price. Currency in INR
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As of 11:49AM IST. Market open.
| Previous close | 378.60 |
| Open | 380.35 |
| Bid | 389.50 x 0 |
| Ask | 389.50 x 0 |
| Day's range | 377.40 - 390.00 |
| 52-week range | 182.55 - 467.00 |
| Volume | |
| Avg. volume | 108,059 |
| Market cap | 684.216B |
| Beta (5Y monthly) | 1.12 |
| PE ratio (TTM) | 9.91 |
| EPS (TTM) | 39.37 |
| Earnings date | 08 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | 7.20 (1.90%) |
| Ex-dividend date | 08 Sept 2023 |
| 1y target est | 418.33 |
- Reuters SG
UPDATE 1-India govt open to selling stake in GIC Re, LIC in FY24/25, says source
The Indian government is open to a minority stake sale in General Insurance Corporation of India (GIC) and Life Insurance Corporation of India (LIC) in financial year 2024/25 after assessing investor appetite, a government source told Reuters on Friday. “The government has received good feedback in investor roadshows for GIC, and is open to sell its 10% stake in tranches depending on its shares' value,” the official said. The sale of 10% stake in GIC would be done over a period of time, the official said, garnering about 57 billion rupees ($683 million), as per the closing price on Friday.
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