A profitable strategy to gradually increase one’s wealth over time is through stock market investment. Yet, it necessitates a thorough comprehension of both market trends and the company’s fundamentals. A healthcare insurance provider in India named STARHEALTH is one such business that has attracted attention recently. By 2023, STARHEALTH’s market share and revenue had been increasing consistently, making it a popular choice for investors. In order to estimate the share price goal for STARHEALTH between 2023 and 2030, we will examine its financials and market dynamics in this article. By the end of this piece, readers will know more about the potential profits on investing in STARHEALTH and whether doing so is a long-term wise decision.
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STARHEALTH SHARE PRICE TARGET 2023
|STARHEALTH SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The STARHEALTH share price target for 2023 shows a fluctuation throughout the year. The prices range from a minimum of ₹371.67 in May 2023 to a maximum of ₹942.91 in December 2023. The share price shows an upward trend from June 2023 to December 2023, with the highest peak reached in December. However, there are fluctuations in between with the price dropping in May and August. The maximum share price target for 2023 is ₹942.91, while the minimum is ₹371.67. It is essential to note that the share price of STARHEALTH can be influenced by various factors, including the market conditions, company performance, and other external factors. Therefore, investors should always conduct a thorough analysis and assessment of the company’s performance before making any investment decisions.
STARHEALTH SHARE PRICE TARGET 2024
|STARHEALTH SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The STARHEALTH share price target for 2024 shows a relatively consistent upward trend. The prices range from a minimum of ₹684.09 in May 2024 to a maximum of ₹1,320.12 in December 2024. The share price shows an upward trend from January 2024 to October 2024, with the highest peak reached in October. There is a slight dip in November, but the share price recovers in December 2024. The maximum share price target for 2024 is ₹1,320.12, while the minimum is ₹684.09. As with any investment, it is essential to conduct thorough research and analysis of the company’s performance before making any investment decisions. It is also worth noting that the share price of STARHEALTH can be influenced by various factors, including market conditions, company performance, and other external factors, which may affect the accuracy of these predictions.
STARHEALTH SHARE PRICE TARGET 2025
|STARHEALTH SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The STARHEALTH share price target for 2025 shows an overall upward trend, with some fluctuations in between. The prices range from a minimum of ₹929.23 in May 2025 to a maximum of ₹1,601.32 in December 2025. The share price shows an upward trend from January 2025 to November 2025, with the highest peak reached in November. There is a slight dip in December 2025, but the share price remains relatively high compared to the beginning of the year. The maximum share price target for 2025 is ₹1,601.32, while the minimum is ₹929.23. As with any investment, it is essential to conduct thorough research and analysis of the company’s performance before making any investment decisions. It is also worth noting that the share price of STARHEALTH can be influenced by various factors, including market conditions, company performance, and other external factors, which may affect the accuracy of these predictions.
STARHEALTH SHARE PRICE TARGET 2026 TO 2030
|STARHEALTH SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
The STARHEALTH share price target from 2026 to 2030 has a mix of upward and downward trends. The share price reaches a maximum of ₹1,120.92 in 2026, followed by a dip in 2027 to ₹952.79, which is the minimum price target during this period. In 2028, the share price shows a significant increase, reaching a maximum of ₹1,715.01. The share price continues to rise in 2029, reaching a maximum of ₹3,522.91, which is the highest peak during this period. However, the share price drops to a minimum of ₹2,466.03 in the same year. In 2030, the share price remains relatively high, with a maximum of ₹3,923.24 and a minimum of ₹2,746.26.
FINANCIAL STRENGTH OF STARHEALTH (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019|
|Total Revenue Growth (%)||110.07||1.29||32.09||–|
|Total Expenses Growth (%)||84.82||42.06||27.29||–|
|Profit after Tax (PAT)||-1,040.67||-1,085.71||268.00||128.23|
|PAT Growth (%)||–||-505.11||109.01||–|
|Operating Profit Margin (%)||-12.71||-28.06||9.14||5.70|
|Net Profit Margin (%)||-9.81||-21.49||5.58||3.52|
|Basic EPS (₹)||-18.65||-21.75||5.59||2.81|
Looking at STARHEALTH’s financial statement over the past five years, the company has seen significant growth in terms of total revenue. From FY 2019 to FY 2022, the company’s revenue has grown by 110.07%, reaching a total revenue of ₹10,610.09 crores in FY 2022. However, the company’s total expenses have also increased over the same period, resulting in negative profit after tax (PAT) in FY 2021 and FY 2022. Despite this, the company saw a notable increase in PAT in FY 2020 compared to the previous year.
The company’s operating profit margin has also seen improvement, reaching 9.14% in FY 2020 from 5.70% in FY 2019. However, the net profit margin remains negative in FY 2021 and FY 2022, indicating that the company is still experiencing losses. The basic earnings per share (EPS) have also seen a downward trend over the past three years.
Overall, the company has shown strong revenue growth in the past five years, but has struggled to maintain profitability due to increasing expenses. It is important to note that the company’s PAT growth has been volatile, with significant losses in recent years. However, the company has seen some improvement in its operating profit margin, suggesting that it may be taking steps to address its expenses.
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What is the maximum share price target of Starhealth in 2026?
The maximum share price target of Starhealth in 2026 is Rs. 1120.92
What is the maximum share price target of Starhealth in 2027?
The maximum share price target of Starhealth in 2027 is Rs. 952.79
What is the maximum share price target of Starhealth in 2028?
The maximum share price target of Starhealth in 2028 is Rs. 1715.01
What is the maximum share price target of Starhealth in 2029?
The maximum share price target of Starhealth in 2029 is Rs. 3522.91
What is the maximum share price target of Starhealth in 2030?
The maximum share price target of Starhealth in 2030 is Rs. 3923.24
CONCLUSION: STARHEALTH SHARE PRICE TARGET
According to STARHEALTH’s financial statements for the last five years, it is clear that the business has seen a considerable gain in profit and revenue, with a robust increase in revenue growth of over 110%. Nonetheless, the firm’s net profit margin has changed over time, and in the fiscal year 2022, losses were recorded. It is important to notice that the operating profit margin of the business has increased over time.
Given the aforementioned elements, it is challenging to determine whether STARHEALTH shares are a smart investment. Before making an investment decision, investors should thoroughly examine the company’s financial statements, market movements, and other external factors.