General Insurance Corporation of India
The insurance sector of the stock market general insurance share The company has announced a dividend of Rs 7.20 to its investors and this share is trading at ₹ 219, so initially we will look at the functioning of the company, its current position in the stock market, information about the returns and the dividend announced by the company. Today we are going to get detailed information about what has been done through this article.
general insurance share company information
general insurance share company was started on 22 November 1972. Due to the company being in the insurance sector, it is the oldest and leading company in India in the insurance sector. Under this, the company has its motor, marine, engineering, agriculture, liberty, credit finance, sectors. The company works in providing insurance in India, the company has been successful in expanding its business in major countries like UK, Russia, UAE, Malaysia, South Africa, Brazil and the company has also expanded its business to South East Asia. Have done.
general insurance share current status of
The market cap of the company is 38,517.85 crores, then the general insurance share company has free cash availability of 21,083.12 crores, then the promoter holding of the company is 85.78% and currently the company has no debt. The company’s sales growth is 50.69% and profit. is recorded at 214.72%.
Return information for last 5 years
The company has given -7% returns to its investors in the last 5 years, 14% returns in the last 3 years, 70% returns in the last 1 year and 52% returns in the last 6 months. If seen, in the long term the general insurance share company has not given such good returns to its investors, but due to the growth of the company in the short term, the company has given good returns to its investors.
Declaration of Rs 7.20 dividend
general insurance share If you look at the current status of the company’s stock, it is trading at ₹ 219 and its 52 week high level is ₹ 224, while the 52 week low level is ₹ 117. The company has announced bonus shares to its investors, under which If an investor buys the company’s shares before September 8, 2023, then that investor will be sent to his bank account as a dividend of Rs 7.20 per share.
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