Risk : Reward = 1: 8 Potential candidate Flag Pattern with low volume
RSI = Hidden Bullish Divergence
Fib Retracement - 0.618
Risk : Reward favorable
38.80INR
69.07 BINR
466.66 BINR
249.40 M
About GENERAL INSURANCE
Sector
Industry
CEO
Ramaswamy Narayanan
Website
Headquarters
Mumbai
Employees (FY)
449
Founded
1972
ISIN
INE481Y01014
FIGI
BBG00GKM2395
General Insurance Corporation of India engages in the provision of reinsurance services to the direct general insurance companies. It operates through the following segments: Accident and Health, Motor Third Party Liability, Motor Other Classes, Marine, Aviation and Transport, Fire and Other Damage to Property, Third Party Liability, Credit and Suretyship, Miscellaneous, and Reinsurance. The company was founded on November 22, 1972 and is headquartered in Mumbai, India.
GICRE IPO Based Strategy Weekly Chart
Support 200
Breakout given
expected level 320 / 400
Round Bottom Pattern
GICRE go long ifit crosses 337.75
entry @ 337.80
stop loss: 295.55 (12.5% risk involved)
target: 422.30 (25% reward with a risk of 12.5%)
buy this stock only one can handle risk of 12.5%
this is my stock idea and i am entering in it with 12.5% risk, if one cannot handle 12.5% risk please do not enter into it.
I
General Insurance Corporation of India Weekly Chart AnalysisGICRE has given a strong breakout on weekly chart with huge volume spike. we can consider this stock for longterm at current market price 370 with sl of 290
Company has delivered good profit growth of 31.5% CAGR over last 5 years
Debt to equity - 0.00
GENERALINSURANCEGICRE insurance with a PSU doesnt get good than this. This is at support and will consolidate here before making a move higher.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
GICRE - Stock AnalysisSymbol: GICRE
Close: 307.1
Today's Volume: 24375853
Sector: Financials
Go Long above: 316
Stop Loss: 230.9
Resistance & Support:
📉 R: 328 || 348 || 380
📈 S: 275 || 243 || 223
GICRE 297 General Insurance Corporation of IndiaMarket Cap ₹ 52,141 Cr.| Current Price ₹ 297
52 High / Low₹ 302 / 128 Stock P/E 8.50
Book Value ₹ 254 | Dividend Yield 2.41 %
ROCE 20.6 % ROE 16.8 % Face Value ₹ 5.00
Promoter holding 85.8 % Current liabilities ₹ 95,752 Cr.
Total Assets ₹ 1,67,641 Cr.
Return over 1year 83.1 %
Return over 6months 45
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Frequently Asked Questions
The current price of GICRE is 331.05 INR — it has increased by 0.85% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange GENERAL INSURANCE stocks are traded under the ticker GICRE.
GENERAL INSURANCE is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
GICRE stock is 2.71% volatile and has beta coefficient of 0.39. Check out the list of the most volatile stocks — is GENERAL INSURANCE there?
One year price forecast for GENERAL INSURANCE has a max estimate of 500.00 INR and a min estimate of 225.00 INR.
GICRE earnings for the last quarter are 1.30 INR whereas the estimation was 1.30 INR which accounts for 0% surprise. Estimated earnings for the next quarter are −5.90 INR. See more details about GENERAL INSURANCE earnings.
GENERAL INSURANCE revenue for the last quarter amounts to 107.62 B INR despite the estimated figure of 93.00 B INR. In the next quarter revenue is expected to reach 100.60 B INR.
Yes, you can track GENERAL INSURANCE financials in yearly and quarterly reports right on TradingView.
GICRE stock has fallen by 0.29% compared to the previous week, the month change is a 1.21% fall, over the last year GENERAL INSURANCE has showed a 126.67% increase.
GICRE net income for the last quarter is 14.39 B INR, while the quarter before that showed 16.89 B INR of net income which accounts for −14.81% change. Track more GENERAL INSURANCE financial stats to get the full picture.
Today GENERAL INSURANCE has the market capitalization of 575.18 B, it has decreased by 0.71% over the last week.
Yes, GICRE dividends are paid annually. The last dividend per share was 7.20 INR. As of today, Dividend Yield (TTM)% is 2.20%. Tracking GENERAL INSURANCE dividends might help you take more informed decisions.
GENERAL INSURANCE dividend yield was 5.38% in 2022, and payout ratio reached 18.29%. The year before the numbers were 1.98% and 16.54% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, GICRE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GENERAL INSURANCE stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 449.00 employees. See our rating of the largest employees — is GENERAL INSURANCE on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So GENERAL INSURANCE technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating GENERAL INSURANCE stock shows the buy signal. See more of GENERAL INSURANCE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on GENERAL INSURANCE future price: according to them, GICRE price has a max estimate of 500.00 INR and a min estimate of 225.00 INR. Read a more detailed GENERAL INSURANCE forecast: see what analysts think of GENERAL INSURANCE and suggest that you do with its stocks.