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Shares of Go Digit General Insurance will be in focus on Tuesday, November 25, as the company's six-month and beyond lock-in period will end today.
Nuvama Alternative and Quantitative Research estimates that about 18.58 crore shares will unlock for trading on November 25, accounting for roughly 20% of the company's outstanding equity.
Based on Monday's closing price, the shares becoming eligible for trade are valued at over ₹6,558 crore.
It must be noted that shareholder lock-in ending does not mean all the shares will be sold in the open market, but they only become eligible to be traded.
Go Digit General Insurance posted a 30.2% year-on-year rise in its net profit for the September quarter at ₹117 crore.
Profit before tax surged 53% to ₹136 crore from ₹89 crore in the same period last year.
Gross written premium (GWP) grew 12.6% to ₹2,667 crore from ₹2,369 crore a year earlier. On a comparable basis, excluding the 1/n accounting adjustment, GWP grew 15.6% in the quarter. The company’s assets under management (AUM) rose 15.4% year-on-year to ₹21,345 crore as of September 30, 2025.
Shares of Go Digit General Insurance Ltd. settled 1.17% higher at ₹353.95 on Monday. The stock is up 8% so far in 2025.
Nuvama Alternative and Quantitative Research estimates that about 18.58 crore shares will unlock for trading on November 25, accounting for roughly 20% of the company's outstanding equity.
Based on Monday's closing price, the shares becoming eligible for trade are valued at over ₹6,558 crore.
It must be noted that shareholder lock-in ending does not mean all the shares will be sold in the open market, but they only become eligible to be traded.
Go Digit General Insurance posted a 30.2% year-on-year rise in its net profit for the September quarter at ₹117 crore.
Profit before tax surged 53% to ₹136 crore from ₹89 crore in the same period last year.
Gross written premium (GWP) grew 12.6% to ₹2,667 crore from ₹2,369 crore a year earlier. On a comparable basis, excluding the 1/n accounting adjustment, GWP grew 15.6% in the quarter. The company’s assets under management (AUM) rose 15.4% year-on-year to ₹21,345 crore as of September 30, 2025.
Shares of Go Digit General Insurance Ltd. settled 1.17% higher at ₹353.95 on Monday. The stock is up 8% so far in 2025.
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