Shares of Star Health and Allied Insurance, a key holding in Rekha Jhunjhunwala’s portfolio, have delivered a 21 per cent return over the past six months on the BSE. On Thursday, however, the stock slipped around 1 per cent to Rs 475.60 in early trade.

The insurer came into focus after its September quarter (Q2FY26) results prompted several brokerages to revisit their outlook. Despite a fall in quarterly profit, most analysts remain optimistic about the stock’s medium-term prospects. Advertisement

Star Health reported a challenging second quarter, with consolidated profit after tax (PAT) plunging 51 per cent year-on-year to about Rs 550 crore. The sharp decline was largely attributed to an elevated combined ratio of 103.8 per cent, which brokerages said reflected the upfronting of acqui

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