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 Revenues for GICRE are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
0.475000
forwardPE
6.622596
debtToEquity
0.000000
earningsGrowth
-0.032000
revenueGrowth
0.295000
grossMargins
0.200410
operatingMargins
0.272800
trailingEps
38.200000
forwardEps
35.110000
General Insurance Corporation of India's current ratio being 0.475 highlights potential liquidity concerns, as the company may not have enough cash reserves and assets to cover short-term debts. This raises questions about how General Insurance Corporation of India will meet its immediate financial obligations. GICRE's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that GICRE may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.
Price projections:
Price projections for GICRE The stock price of GICRE has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
Recommendations trend for GICRE
A recent buy bias from analysts toward GICRE may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that GICRE might be an appealing option for those looking to grow their wealth through stock market investments.
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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