STARHEALTH Share Price Target 2023 to 2030: Should you buy Star health Insurance?

The healthcare sector is one of the most important and rapidly growing industries in the worldThe healthcare sector encompasses various enterprises involved in delivering medical services, producing medical devices or pharmaceuticals, offering medical insurance, or supporting the provision of healthcare to individuals, and companies operating in this field are seen as attractive investment opportunities by many investors. One such company is StarHealth, which is widely recognized for its innovative products and services that cater to the healthcare needs of individuals and families.

In this article, we will take a closer look at StarHealth’s current market position, its growth prospects, and its expected share price target for the next 7 to 8 years, from 2023 to 2030. We will analyze the company’s financial performance, its strengths and weaknesses, and the challenges and opportunities it faces in a rapidly evolving healthcare industry. By the end of this article, readers should have a good understanding of StarHealth’s future potential and be able to make an informed decision about whether it is a good investment opportunity.

Contents

STARHEALTH SHARE PRICE IN RECENT NEWS

  • Star Health Q4 Results: Profit at Rs 619 crore, gross written premium grows 13% YoY
  • Composite License Regulations are still in the process of being established, StarHealth remains unchanged.
  • Amid significant block deals, Star Health and Allied Insurance witnessed a sharp decline of 9% in its stock price.

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STARHEALTH SHARE PRICE TARGET 2023

STARHEALTH SHARE PRICE
2023
Maximum Price Minimum Price
June 2023 ₹540.10 ₹425.23
July 2023 ₹558.56 ₹434.28
August 2023 ₹582.42 ₹465.70
September 2023 ₹622.04 ₹478.49
October 2023 ₹592.42 ₹455.70
November 2023 ₹651.66 ₹501.28
December 2023 ₹729.86 ₹561.43

The StarHealth share price is expected to show a bullish trend in 2023, with growth percentage ranging from a minimum of 24.62% to a maximum of 34.33%. The share price is predicted to start at ₹540.10 in June and reach its highest point of ₹729.86 in December.

The uptrend is expected to continue throughout the year, with occasional fluctuations, but the overall trend is expected to be positive. This is a good time for investors to consider buying StarHealth shares as the company is poised for growth and the share price is expected to increase steadily over the course of the year.

STARHEALTH SHARE PRICE TARGET 2024

STARHEALTH SHARE PRICE TARGET 2024 Maximum Price Minimum Price
January 2024 ₹768.27 1037.03
February 2024 ₹863.22 ₹719.35
March 2024 ₹908.66 ₹738.75
April 2024 ₹826.05 ₹635.42
May 2024 ₹688.38 ₹529.52
June 2024 ₹826.05 ₹635.42
July 2024 ₹702.14 ₹544.30
August 2024 ₹772.36 ₹612.98
September 2024 ₹810.98 ₹623.83
October 2024 ₹954.09 ₹733.92
November 2024 ₹1,001.80 ₹770.61
December 2024 ₹1,021.83 ₹786.02

The StarHealth share price target for 2024 appears to be volatile, with fluctuations expected throughout the year. According to the data presented, the share price is expected to reach a maximum of ₹1,037.03 in January 2024, and a minimum of ₹529.52 in May 2024.

In February 2024, the share price is predicted to be in the range of ₹719.35 to ₹863.22, while in March 2024, the range is expected to be between ₹738.75 and ₹908.66. In June and April 2024, the maximum and minimum share prices are predicted to be the same, at ₹826.05 and ₹635.42, respectively.

As the year progresses, the share price is expected to recover and reach a maximum of ₹1,021.83 in December 2024, with a minimum of ₹786.02. Overall, investors in StarHealth may want to keep a close eye on the stock price, as the predictions suggest significant volatility in the coming year.

STARHEALTH SHARE PRICE TARGET 2025

STARHEALTH SHARE PRICE TARGET 2025 Maximum Price Minimum Price
January 2025 ₹1,042.27 ₹801.74
February 2025 ₹1,097.12 ₹843.94
March 2025 ₹1,151.98 ₹886.14
April 2025 ₹1,028.55 ₹791.19
May 2025 ₹935.05 ₹719.27
June 2025 ₹1,028.55 ₹791.19
July 2025 ₹979.57 ₹753.52
August 2025 ₹1,020.39 ₹784.92
September 2025 ₹1,071.41 ₹824.16
October 2025 ₹1,135.69 ₹873.61
November 2025 ₹1,215.19 ₹934.76
December 2025 ₹1,239.50 ₹953.46

The StarHealth share price target for 2025 appears to be on an upward trend, with the expected price range increasing throughout the year. According to the data presented, the share price is expected to reach a maximum of ₹1,239.50 in December 2025 and a minimum of ₹719.27 in May 2025.

In January 2025, the share price is predicted to be in the range of ₹801.74 to ₹1,042.27, while in February 2025, the range is expected to be between ₹843.94 and ₹1,097.12. In April and June 2025, the maximum and minimum share prices are predicted to be the same, at ₹1,028.55 and ₹791.19, respectively.

As the year progresses, the share price is expected to increase, reaching a maximum of ₹1,215.19 in November 2025, with a minimum of ₹934.76. Overall, the data suggests that the StarHealth share price is expected to continue to rise in 2025, with a positive outlook for investors.

STARHEALTH SHARE PRICE 2026 TO 2030

STARHEALTH SHARE PRICE TARGET BY Maximum Price Minimum Price
2026 ₹867.65 ₹607.35
2027 ₹737.50 ₹516.25
2028 ₹1,327.50 ₹929.25
2029 ₹2,726.89 ₹1,908.83
2030 ₹3,036.77 ₹2,125.74

The StarHealth share price target for the years 2026 to 2029 appears to be fluctuating, with varying levels of expected growth. According to the data presented, the share price is expected to reach a maximum of ₹2,726.89 in 2029 and a minimum of ₹516.25 in 2027.

In 2026, the share price is predicted to be in the range of ₹607.35 to ₹867.65, while in 2027, the range is expected to be between ₹516.25 and ₹737.50. In 2028, the maximum and minimum share prices are predicted to be ₹1,327.50 and ₹929.25, respectively. The share price is expected to experience significant growth in 2029, reaching a maximum of ₹2,726.89, with a minimum of ₹1,908.83.

Overall, the predictions for the next few years suggest that the StarHealth share price may be subject to fluctuations, but with a potential for substantial growth in the long term.

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STARHEALTH SHARE PRICE TARGET BY EXPERTS

  • According to ICICI Direct, the target price for STARHEALTH and Allied insurance is Rs 650 and it is recommended to buy the shares.
  • HDFC Securities suggests purchasing shares of Star Health and Allied Insurance Company with a target price of Rs 795.
  • Buy Star Health and Allied Insurance Company, target price Rs 670: Emkay Global

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FAQ’s

What is the STARHEALTH share price target for 2023?

The STARHEALTH share price target for 2023 is 729.86 INR.

What is the STARHEALTH share price target for 2027?

The STARHEALTH share price target for 2027 is 737.50 INR.

What is the STARHEALTH share price target for 2029?

The STARHEALTH share price target for 2029 is 2726.89 INR.

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THE BOTTOM LINE: STARHEALTH SHARE PRICE TARGET

Based on the financial statement, it is difficult to make a definitive conclusion on whether STARHEALTH shares are a good buy or not. While the company has shown growth in net sales turnover, its profit and loss, PAT, and profit growth have decreased over the years. Additionally, the increase in expenses, particularly employee expenses and other expenses, has impacted the company’s revenue growth.

Investing in shares is a complex decision that requires careful consideration of multiple factors, including the company’s financial performance, market trends, and future growth prospects. Before making any investment decisions, it is recommended to conduct thorough research and seek professional advice if needed. It is also important to keep in mind that past performance does not guarantee future results.