Go Digit’s stock jumped 4% after the company reported a nearly three-fold rise in net profit, reaching ₹119 crore in Q3 FY24, compared to ₹43 crore in the same period last year.
The Fairfax-backed insurer also recorded a growth in its gross written premium, which rose to ₹2,677 crore from ₹2,428 crore year-over-year. As of December 31, 2024, the company’s assets under management (AUM) stood at ₹18,939 crore, up from ₹15,764 crore as of March 31, 2024.
Go Digit shares opened at ₹303.00 today, reaching a high of ₹303.00 and a low of ₹294.10. The stock remains within its 52-week range, with a high of ₹407.40 and a low of ₹277.00. As of 9:19 AM, the shares were trading 4.42% higher at Rs 299.00.
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