Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The investment is the second tranche of investment under the strategic partnership between GIC and Indias largest retail-led mixed-use asset developer and operator to set up a joint venture to develop, own and operate retail-led, mixed-use developments across India.

Singapore sovereign fund GIC invests Rs 400 crore more in Phoenix Mills’ joint venture

One of India’s largest renewable energy companies is looking to raise money in a new funding round to bankroll its expansion.

GIC-Backed Greenko Weighs $1 Billion Funding Round

The San Mateo, California-based startup said Wednesday that it had raised $150 million in a Series D funding from investors led by GIC and B Capital, a previous investor.

Crypto platform FalconX doubles valuation to $8 bn despite downturn

While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too

GIC Re part of Rs 500-crore insurance pool to cover imports from Russia

The industry’s gross premium underwritten fell 28% month-on-month to Rs 15,404 crore in May, shows provisional data by GIC.

Non-Life Insurers’ Revenue Falls In Seasonally Weak May

CMD of State-run reinsurer on why it wants to grow life portfolio and ‘write across the globe’

GIC Re: ‘Results show we are sailing in the right direction’

Currently, India has one domestic reinsurance company, the state-owned General Insurance Corporation (GIC Re)

Go Digit promoters Watsa, Goyal seek regulatory nod for reinsurance biz

“GIC of Singapore leads this round, joining existing investors - Sofina, Tiger Global, FalconEdge, and Dragoneer - for an investment of $140 million (primary and secondary),” the company said in a statement.

Cred raises $80 million funding led by GIC at $6.4 billion valuation

The existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round, said a news report

Cred raises $80 mn in funding led by GIC at $6.4-bn valuation: Report

Hemisphere Properties India Ltd, Polyplex Corporation Ltd, Dishman Carbogen Amcis Ltd and General Insurance Corporation of India are among the other gainers in the BSE’s ‘A’ group today, 01 June 2022.

RHI Magnesita India Ltd leads gainers in ‘A’ group

‘In the Indian market, the four big businesses are motor, health, fire, and agri’

Dominance won’t fade even if obligatory cession is zero: GIC Re chairman

General Insurance Corporation of India is a reinsurance company.Its domestic business provides reinsurance to direct general insurance companies in Indian and international reinsurance business provides the same to several international companies.

General Insurance Corporation of India

General Insurance Corporation of India

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Singapore sovereign fund GIC invests Rs 400 crore more in Phoenix Mills’ joint venture

GIC-Backed Greenko Weighs $1 Billion Funding Round

Crypto platform FalconX doubles valuation to $8 bn despite downturn

GIC Re part of Rs 500-crore insurance pool to cover imports from Russia

Non-Life Insurers’ Revenue Falls In Seasonally Weak May

GIC Re: ‘Results show we are sailing in the right direction’

Go Digit promoters Watsa, Goyal seek regulatory nod for reinsurance biz

Cred raises $80 million funding led by GIC at $6.4 billion valuation

General Insurance Corporation of India

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Singapore sovereign fund GIC invests Rs 400 crore more in Phoenix Mills’ joint venture

GIC-Backed Greenko Weighs $1 Billion Funding Round

Crypto platform FalconX doubles valuation to $8 bn despite downturn

GIC Re part of Rs 500-crore insurance pool to cover imports from Russia

Non-Life Insurers’ Revenue Falls In Seasonally Weak May

GIC Re: ‘Results show we are sailing in the right direction’

Go Digit promoters Watsa, Goyal seek regulatory nod for reinsurance biz

Cred raises $80 million funding led by GIC at $6.4 billion valuation

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock