General Insurance Corporation of India

General Insurance Corporation of India announced the nomination of Manoj Muttathil Ayyappan (DIN: 10733238), Joint Secretary, Department of Financial Services as Director on the Board of the Corporation, with immediate effect (17 April 2025) and until further orders, vice Dr. M. P. Tangirala, former Additional Secretary, Department of Financial Services.Powered by Capital Market - Live

Net profit of General Insurance Corporation of India rose 16.53% to Rs 1676.62 crore in the quarter ended December 2024 as against Rs 1438.84 crore during the previous quarter ended December 2023. Sales rose 8.97% to Rs 8477.74 crore in the quarter ended December 2024 as against Rs 7780.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales8477.747780.23 9 OPM %22.7520.89 - PBDT2183.801820.22 20 PBT2183.801820.22 20 NP1676.621438.84 17 Powered by Capital Market - Live

The Board of General Insurance Corporation of India at its meeting held on 03 February 2025 has accorded in-principle approval for the incorporation of GIC Re, India Service Company, a Wholly Owned Subsidiary Company of the Corporation. The said Subsidiary will be incorporated in United Kingdom. Powered by Capital Market - Live

General Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live

General Insurance Corporation of India announced that CARE Ratings has reaffirmed its credit rating at CARE AAA; Stable. Powered by Capital Market - Live

K P R Mill Ltd, Kirloskar Brothers Ltd, Indo Count Industries Ltd and Spandana Sphoorty Financial Ltd are among the other losers in the BSE's 'A' group today, 23 December 2024.General Insurance Corporation of India lost 7.47% to Rs 465.2 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 6.7 lakh shares were traded on the counter so far as against the average daily volumes of 1.31 lakh shares in the past one month.K P R Mill Ltd crashed 6.76% to Rs 1071.2. The stock was the second biggest loser in 'A' group.On the BSE, 14427 shares were traded on the counter so far as against the average daily volumes of 25259 shares in the past one month.Kirloskar Brothers Ltd tumbled 6.54% to Rs 2020.7. The stock was the third biggest loser in 'A' group.On the BSE, 20722 shares were traded on the counter so far as against the average daily volumes of 10324 shares in the past one month.Indo Count Industries Ltd corrected 5.56% to Rs 348.1. The stock was the fourth biggest loser in 'A' group.On the BSE, 57483 shares were traded on the counter so far as against the average daily volumes of 46659 shares in the past one month.Spandana Sphoorty Financial Ltd fell 5.29% to Rs 313.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 44327 shares were traded on the counter so far as against the average daily volumes of 32659 shares in the past one month.Powered by Capital Market - Live

MTAR Technologies Ltd, Aegis Logistics Ltd, New India Assurance Company Ltd and Vakrangee Ltd are among the other gainers in the BSE's 'A' group today, 20 December 2024.General Insurance Corporation of India spiked 10.34% to Rs 488 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.24 lakh shares were traded on the counter so far as against the average daily volumes of 77183 shares in the past one month. MTAR Technologies Ltd surged 7.90% to Rs 1756.35. The stock was the second biggest gainer in 'A' group. On the BSE, 68219 shares were traded on the counter so far as against the average daily volumes of 55675 shares in the past one month. Aegis Logistics Ltd soared 7.55% to Rs 812.9. The stock was the third biggest gainer in 'A' group. On the BSE, 1.25 lakh shares were traded on the counter so far as against the average daily volumes of 26785 shares in the past one month. New India Assurance Company Ltd added 7.13% to Rs 220.2. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.12 lakh shares were traded on the counter so far as against the average daily volumes of 97882 shares in the past one month. Vakrangee Ltd jumped 6.04% to Rs 34.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 31.04 lakh shares were traded on the counter so far as against the average daily volumes of 17.11 lakh shares in the past one month. Powered by Capital Market - Live

Net profit of General Insurance Corporation of India rose 9.87% to Rs 1855.71 crore in the quarter ended September 2024 as against Rs 1688.95 crore during the previous quarter ended September 2023. Sales declined 10.73% to Rs 8886.45 crore in the quarter ended September 2024 as against Rs 9954.15 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales8886.459954.15 -11 OPM %26.7814.71 - PBDT2286.921855.38 23 PBT2286.921855.38 23 NP1855.711688.95 10 Powered by Capital Market - Live

General Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

General Insurance Corporation of India announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live