India's Go Digit hits one-week high on Q4 profit jump

Go Digit General Insurance

29/04/2026 05:10

** Shares of India's Go Digit General Insurance GODG.NS rise as much as 3.2% to a one-week high at 326.95 rupees

** Insurer on Wednesday posted a 29% y/y jump in Q4 PAT; net premium earned rises 2.4% y/y for the quarter ended March 31

** Jefferies expects GODG's gross premium growth to sustain in FY27e (17%), led by expansion into new categories and share gains in motor insurance

** "We like Go Digit for its high-quality underwriting (loss ratio: 71% by FY28E), and improving RoE trajectory led by management execution capabilities," Ambit Insights says

** GODG rated "buy" on avg by 10 analysts covering the stock; median PT at 370 rupees, per data compiled by LSEG

** YTD, GODG down 7.5%

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))