India's Go Digit General Insurance jumps on Q1 profit rise

Go Digit General Insurance

26/07/2024 09:34

** Shares of Go Digit General Insurance  GODG.NS  rise as
much as 8.2% to 362.50 rupees
    ** Insurance co reported 73.4% rise in Q1 PAT to 1.01 bln
rupees ($12.1 mln) late on Thursday
    ** Net premium earned rose 23.6% y/y to 18.24 bln rupees
    ** Stock on track to gain for second consecutive week
    ** Almost 1.7 mln shares traded as of 1:56 p.m. IST, 2.1x
their 30-day moving avg
    ** GODG last up 4.1%, and has gained 17.8% since listing in
May


($1 = 83.7161 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))