Indian health insurer Niva Bupa rises on fourth-quarter profit jump

Niva Bupa Health Insurance

11/05/2026 08:35

** Niva Bupa NIVA.NS rises 5.4% to touch an over eight-month high of 85.82 rupees

** Stock on course for best day in over 10 months, if gains hold

** The insurer posted a near 90% jump in consolidated profit after tax of 1.58 billion rupees ($16.60 million) for the fourth quarter

** Profit boosted by driven by strong growth in health insurance premiums and improved underwriting performance

** Gross written premium rose about 40% to 312.3 billion rupees in Q4, supported by continued momentum in its retail health segment - the company's largest business

** Motilal Oswal and Jefferies both see underwriting profitability improving further, with the combined insurance service ratio forecast to decline

** Both brokerages expect these gains to lift return on equity into the mid‑teens over the next three years

** Out of nine analysts tracking the stock, eight rate "Buy" or higher, while one rates "Hold" - data compiled by LSEG

** NIVA up 13.5% YTD

($1 = 95.1550 Indian rupees)

(Reporting by Pranav Kashyap in Bengaluru)

((pranav.kashyap@tr.com; +919886482111;))