India's Indostar Capital gains on getting corporate agent certificate from IRDAI

IndoStar Capital Finance

22/02/2024 10:09

** Shares of Indostar Capital Finance  INAC.NS  rose as much
as 3.5% to 194 rupees before paring some gains to settle 2.6%
higher
    ** The non-banking finance co said it received registration
certificate to act as corporate agent from Insurance Regulatory
and Development Authority of India (IRDAI)
    ** Stock set for best week since Dec. 2023
    ** INAC up ~15% YTD after rising 7.8% in 2023 

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))