General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, marine hull, cargo and offshore energy, and miscellaneous products. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for GICRE General Insurance Corporation of India is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
0.477000
forwardPE
8.893195
debtToEquity
0.000000
earningsGrowth
0.166000
revenueGrowth
0.025000
grossMargins
0.208260
operatingMargins
0.173190
trailingEps
42.820000
forwardEps
35.110000
GICRE's current ratio of 0.477 highlights that the company may not have sufficient cash reserves and assets to cover its short-term debts. This could lead to liquidity concerns, making it difficult for GICRE to meet its immediate financial obligations. General Insurance Corporation of India's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about General Insurance Corporation of India's financial future.
Price projections:
Price projections for GICRE Price projections for GICRE have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in GICRE's future potential and financial outlook among analysts.
Recommendation changes over time:
Recommendations trend for GICRE
Analysts have recently shown a sell bias for General Insurance Corporation of India, signaling a need for caution. Investors should not rely solely on this sentiment but instead consider a variety of market indicators to make more informed decisions about the stock's future prospects and potential risks.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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