) stock surged nearly 7% in morning trade after the company announced its Q2 FY26 results post market hours yesterday. The insurer reported an 18% year-on-year rise in net profit to ₹819 crore, even as gross direct premium income slipped 1.9% to ₹6,596 crore. The combined ratio stood at 105.1% (103.8% ex-CAT), reflecting steady underwriting performance. Solvency remained strong at 2.73x, and the board declared an interim dividend of ₹6.5 per share. The Q2 numbers have improved market sentiment, supporting a strong start for the stock in today’s session.
📌 Disclaimer:
This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.