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STARHEALTH — Star Health and Allied Insurance News Story

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Star Health and Allied Insurance falls on declining PAT

**Shares of India's Star Health and Allied Insurance STAU.NS fall 5.88% to 465.55 rupees

**Insurance co's quarterly PAT halves compared to same quarter last year

**Motilal Oswal ("Buy") says premium growth has been subdued, largely owing to the impact of long-term premium accounting and expects GST exemption to improve the growth trajectory for the business

**Co's quarterly net premium earned rises by 10.2% to 40.81 billion rupees

**Stock rated as "Buy" on average by 20 analysts; median PT at 490 rupees as per data compiled by LSEG

**More than 1.71 million shares change hands vs 30 day average of 955,356 shares

**YTD, stock down 2.08%

 (Reporting by Mridula Kumar in Bengaluru)

 ((mridula.kumar@thomsonreuters.com))

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