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Rekha Jhunjhunwala earns Rs 480 crore from this stock within four hours today

20 Feb 2023 Zinkpot 150

Mint - Star Health Insurance shares are one of the portfolio stocks in which Late Rakesh Jhunjhunwala was an investor since pre-IPO phase. However, after the death of Rakesh Jhunjhunwala like other Rakesh Jhunjhunwala portfolio stocks, this insurance share has also become a Rekha Jhunjhunwala portfolio stock. After ushering in 2023, Star Health insurance share price has remained in base building mode but it has given some sharp upside moves after hitting 52-week low of ₹469.05 apiece on NSE. Read more
 

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  • Commencing operations in 2006 as India's first Standalone Health Insurance provider, Star Health and Allied Insurance Co Ltd is providing sterling services in health, personal accident and overseas travel insurance, etc.
  • Star Health has excellent products to cater everybody, be it individuals, families or corporates. It work directly as well as through various channels, like agents, brokers, online, etc. Star health is also prominently into Bancassurance, having long standing relationship with various banks.
  •  Share price history - Star Health Insurance share price was listed on BSE & NSE on 10th December 2021 at a discount of near 6%.
  • Its share price opened on BSE at ₹848.80 apiece whereas on NSE it listed at ₹845 apiece, which was below its issue price of ₹900 per share. However, Star Health share price soon attracted buying interest and hit intraday high of ₹940 apiece in its listing date and closed at 906.85 per share, above its upper price band of ₹900 apiece.
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