ICICI Securities Reaffirms Their Buy Rating on Go Digit General Insurance Limited (GODIGIT)
ICICI Securities analyst Ansuman Deb maintained a Buy rating on Go Digit General Insurance Limited (GODIGIT – Research Report) yesterday and set a price target of INR355.00. The company's shares closed yesterday at INR361.80.
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Deb covers the Financial sector, focusing on stocks such as Go Digit General Insurance Limited, ICICI Lombard General Insurance Co. Ltd., and Life Insurance Corp. of India. According to TipRanks, Deb has an average return of 14.2% and a 90.91% success rate on recommended stocks.
Currently, the analyst consensus on Go Digit General Insurance Limited is a Moderate Buy with an average price target of INR354.33.
Based on Go Digit General Insurance Limited's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of INR22.34 billion and a net profit of INR894.7 million. In comparison, last year the company earned a revenue of INR17.01 billion and had a net profit of INR584.6 million
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