JM Financial retains Hold on Star Health, target price Rs 400

JM Financial suggests a 'Hold' for Star Health and Allied Insurance Company, setting a target price of Rs 400, while the current market price is Rs 443.0. The company's standalone total income for the quarter ending March 31, 2025, reached Rs 4087.70 crore, reflecting a decrease of -1.44% from the previous quarter but an increase of 10.75% year-over-year.