Case study

GICRE

General Insurance Corporation of India

Worth a closer look1y model +4.7%

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

69Score

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

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

General Insurance Corporation of India (GICRE) trades at ₹357,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.

On the numbers, General Insurance Corporation of India (GICRE) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.5× earnings, ROE of 14.6%, a 55% 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 2027-2031.

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

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

Market cap
₹62,667 Cr
Current price
₹357
P/E ratio
6.5×
P/B ratio
0.89×
Book value
₹402
Dividend yield
2.80%
ROCE
17.4%
ROE
14.6%
Piotroski F-Score
6/8

How GICRE ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for GICRE, as of 9 Aug 2026, so it is not ranked here.

Is GICRE overvalued? GICRE P/E vs peers

GICRE trades at 6.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

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 8.6y of GICRE history (-2%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
GICRE 2027₹246₹374₹568+5%
GICRE 2028₹212₹392₹723+10%
GICRE 2029₹193₹410₹870+15%
GICRE 2030₹182₹430₹1,012+20%
GICRE 2031₹174₹450₹1,164+26%

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?

55%
Higher in 1 year
Modelled chance the price is above today in 12 months
62%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹714 within 5 years

The bull case for GICRE

  • GICRE's P/E of 6.5x is lower than 92% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 0.89×, the market is paying little over the company's net assets.
  • GICRE's return on equity of 14.6% ranks in the 70th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • GICRE's dividend yield of 2.8% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹870.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹193.

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

Over the last 8.6 years GICRE compounded at -2%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹246-₹568, the honest backbone behind any single price target.

GICRE price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 8.6 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)
4.7%
80% range₹246-₹568
P(price ↑)55%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
14.9%
80% range₹193-₹870
P(price ↑)59%
P(price 2×)17%
5-Year Forecast
2031
₹0
Median (P50)
26.0%
80% range₹174-₹1,164
P(price ↑)62%
P(price 2×)27%

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: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. GICRE scores 6/8, mixed financial health.

GICRE MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy GICRE with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox29.64%3.4×
ZerodhaCHEAPEST29.61%3.4×
Groww29.76%3.4×
Dhan30.00%3.3×
Kotak Neo30.03%3.3×
Paytm Money29.92%3.3×
Pocketful30.13%3.3×
Anand RathiCHEAPEST29.61%3.4×
Bajaj Broking36.00%2.8×
Share India29.73%3.4×

Compare every broker on the GICRE MTF page.

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

General Insurance Corporation of India (GICRE) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹62,667 Cr. See more stocks on our screener.

How the GICRE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of General Insurance Corporation 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 Corporation of India (GICRE) a good buy?

On the numbers, General Insurance Corporation of India (GICRE) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.5× earnings, ROE of 14.6%, a 55% 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 6.5× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the GICRE share price target for 2031?

GICRE's probability-weighted 2031 median target is ₹450, with an 80% range of ₹174-₹1,164 (10,000-path Monte-Carlo).

What is the probability GICRE doubles in 5 years?

The modelled probability of GICRE reaching ₹714 (2×) within 5 years is 27%.

What is the bull case for GICRE?

GICRE's P/E of 6.5x is lower than 92% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 0.89×, the market is paying little over the company's net assets. GICRE's return on equity of 14.6% ranks in the 70th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in GICRE?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on GICRE