India's Go Digit General Insurance gains; analysts raise PT on growth outlook

Go Digit General Insurance

29/07/2025 07:31

** Go Digit General Insurance GODG.NS rises 4.2% to 358.4 rupees

** Brokerages raise PT after Q1 results

** Jefferies ("buy") raises PT to Street-high 410 rupees from 360 rupees; likes co's medium-growth outlook

** Emkay ("sell") raises PT to 290 rupees from 270 rupees; ups FY26-FY28 PAT estimates by ~3%-6% to account for higher investment income

** Ambit Capital ("buy") cuts PT to 390 rupees from 400 rupees

** However, says co's 37% compounded earnings growth between FY25 and FY28 will outpace peers' 12% growth

** Stock sees busiest session since May 21, with more than 12.2 mln shares traded - 14.2x the 30-day avg

** GODG rated "buy" on avg; median PT at 390 rupees vs month-ago 370 rupees, per data compiled by LSEG

** YTD, stock up 13%

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))