Case study

GICRE

General Insurance Corp of India

Worth a closer look1y model -9.4%

Each stock's 10,000-path forecast, rendered as light.

0Score

General Insurance Corp of India (GICRE) Stock Analysis & Case Study

Is GICRE a good buy? The data-driven verdict.

General Insurance Corp of India (GICRE) trades at ₹369,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.

On the numbers, General Insurance Corp of India (GICRE) worth a closer look, a Downstox Snapshot Score of 63/100, weighing inexpensive at 6.7× earnings, ROE of 14.6%, a 39% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

GICRE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹64,781 Cr
Current price
₹369
P/E ratio
6.7×
P/B ratio
0.92×
Book value
₹402
Dividend yield
2.71%
ROCE
17.4%
ROE
14.6%
Piotroski F-Score
4/9

Is GICRE overvalued? GICRE P/E vs its sector

GICRE's P/E of 6.7× sits below the sector peer median of 14.7×, so on earnings it screens cheaper than peers, while its 2.71% dividend yield is above the peer median of 1.67%.

GICRE P/E
6.7×
Peer median P/E
14.7×
GICRE div yield
2.71%
Peer median yield
1.67%

GICRE share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of GICRE history (-4%/yr drift, 35%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
GICRE 2027₹213₹334₹526-9%
GICRE 2028₹161₹301₹575-18%
GICRE 2029₹125₹271₹595-27%
GICRE 2030₹101₹245₹622-33%
GICRE 2031₹82₹222₹624-40%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability GICRE goes up, or doubles?

39%
Higher in 1 year
Modelled chance the price is above today in 12 months
27%
Higher in 5 years
Modelled chance the price is above today in 5 years
7%
Doubles in 5 years
Modelled chance of reaching ₹737 within 5 years

The bull case for GICRE

  • Trades at just 6.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection.
  • Low price-to-book of 0.92×, the market is paying little over the company's net assets.
  • A healthy 14.6% return on equity.
  • Pays a 2.7% dividend yield, so you're partly paid to wait.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹595.

The bear case & risks

  • The probability model is cautious 12 months out, only a 39% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹125.

GICRE volatility & expected range, how bumpy is the ride?

Over the last 2.0 years GICRE compounded at -4%/year with annualized volatility of 35%. That volatility implies a 1-year 80% range of ₹213₹526, the honest backbone behind any single price target.

GICRE price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
9.4%
80% range₹213–₹526
P(price ↑)39%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
26.5%
80% range₹125–₹595
P(price ↑)31%
P(price 2×)5%
5-Year Forecast
2031
₹0
Median (P50)
39.7%
80% range₹82–₹624
P(price ↑)27%
P(price 2×)7%

GICRE price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
GICRE simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds GICRE hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the GICRE price target & forecast page.

GICRE Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. GICRE scores 4/9,mixed financial health.

GICRE MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy GICRE with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST30.6%3.3×
ZerodhaCHEAPEST30.6%3.3×
DhanCHEAPEST30.6%3.3×

Compare every broker on the GICRE MTF page.

GICRE vs peers,sector comparison

StockP/EDiv yieldMarket cap
GICRE (this stock)6.7×2.71%₹64,781 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About General Insurance Corp of India: sector, index & market-cap context

General Insurance Corp of India (GICRE) is a mid-cap NSE-listed company, and a constituent of the Nifty 100 index group, with a market capitalisation of ₹64,781 Cr. See more Nifty 100 stocks.

How the GICRE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of General Insurance Corp of India's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

GICRE analysis, FAQs

Is General Insurance Corp of India (GICRE) a good buy?

On the numbers, General Insurance Corp of India (GICRE) worth a closer look, a Downstox Snapshot Score of 63/100, weighing inexpensive at 6.7× earnings, ROE of 14.6%, a 39% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is GICRE overvalued or undervalued?

GICRE trades at 6.7× earnings versus a peer median of 14.7×, so it screens cheaper than its sector peers.

What is the GICRE share price target for 2031?

GICRE's probability-weighted 2031 median target is ₹222, with an 80% range of ₹82₹624 (10,000-path Monte-Carlo).

What is the probability GICRE doubles in 5 years?

The modelled probability of GICRE reaching ₹737 (2×) within 5 years is 7%.

What is the bull case for GICRE?

Trades at just 6.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection. Low price-to-book of 0.92×, the market is paying little over the company's net assets. A healthy 14.6% return on equity.

What are the risks in GICRE?

The probability model is cautious 12 months out, only a 39% chance of finishing above today's price.

More on GICRE