Go Digit General Insurance Ltd Share Price Target 2024, 2025 to 2030

Go Digit General Insurance Ltd, founded in December 2016, is a fast-growing company in India’s insurance sector. Based in Bengaluru, it offers a broad spectrum of non-life general insurance products, including motor, health, travel, property, marine, and liability insurance. The company has made a name for itself by leveraging technology to create a user-friendly digital platform, allowing customers to easily purchase and manage policies online. This digital-first approach simplifies the insurance process and helps cater to tech-savvy customers seeking efficiency and convenience.

Go Digit is backed by Fairfax Financial Holdings, a Toronto-based financial holding company, which has significantly strengthened the company’s financial foundation. In May 2024, the company made headlines by going public with its IPO, priced between ₹258 and ₹272 per share. The IPO garnered notable attention, especially due to endorsements from popular figures like cricketer Virat Kohli. With its strong financial backing, innovative digital solutions, and increasing market presence, Go Digit is well-positioned to make a significant impact in the Indian insurance industry.

How to Purchase Go Digit General Insurance shares?

Below are the trading platforms that you can use to purchase Go Digit General Insurance shares:

• Zerodha
• Upstox
• Groww
• AngelOne
• ICICIDirect

Go Digit General Insurance Share Price Prediction: 2024 to 2030

Go Digit General Insurance Share Price Target 2024

When	Maximum Price	Minimum Price
October 2024	395.05	343.53
November 2024	410.86	357.27
December 2024	414.96	360.84

In October 2024, Go Digit General Insurance Ltd is projected to experience a maximum share price of ₹395.05, with a minimum price of ₹343.53. As November 2024 unfolds, the share prices are anticipated to reach a maximum of ₹410.86 and a minimum of ₹357.27. Finally, by December 2024, Go Digit General Insurance Ltd is expected to see a maximum price of ₹414.96, while the minimum price is forecasted to be ₹360.84. These projections highlight steady growth as the year progresses.

Go Digit General Insurance Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	419.11	322.40
February 2025	423.35	325.65
March 2025	432.24	332.49
April 2025	427.96	329.20
May 2025	415.49	319.61
June 2025	434.19	333.99
July 2025	425.68	327.44
August 2025	438.84	337.57
September 2025	444.11	341.62
October 2025	455.66	350.50
November 2025	467.05	359.27
December 2025	488.06	375.43

As we move through 2025, Go Digit General Insurance Ltd is projected to see a steady rise in its stock prices. In January, the maximum is expected to be ₹419.11 and the minimum ₹322.40, gradually increasing to ₹488.06 and ₹375.43 by December.

Go Digit General Insurance Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	502.71	386.70
February 2026	490.14	377.03
March 2026	499.94	384.57
April 2026	510.14	392.42
May 2026	505.09	388.53
June 2026	517.72	398.25
July 2026	507.57	390.44
August 2026	523.27	402.51
September 2026	533.73	410.56
October 2026	547.61	421.24
November 2026	561.30	431.77
December 2026	575.33	442.56

Go Digit General Insurance Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	581.09	446.99
February 2027	595.99	458.45
March 2027	619.23	476.33
April 2027	607.09	466.99
May 2027	589.40	453.39
June 2027	615.93	473.79
July 2027	603.85	464.50
August 2027	622.53	478.87
September 2027	644.32	495.63
October 2027	661.07	508.51
November 2027	677.59	521.23
December 2027	694.53	534.26

Go Digit General Insurance Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	708.42	544.94
February 2028	726.59	558.91
March 2028	754.93	580.71
April 2028	740.12	569.33
May 2028	718.57	552.74
June 2028	750.90	577.62
July 2028	736.18	566.29
August 2028	758.95	583.81
September 2028	785.51	604.24
October 2028	805.93	619.95
November 2028	826.08	635.45
December 2028	846.73	651.33

Go Digit General Insurance Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	863.67	664.36
February 2029	885.81	681.40
March 2029	920.36	707.97
April 2029	902.31	694.09
May 2029	876.03	673.87
June 2029	915.45	704.20
July 2029	897.50	690.39
August 2029	925.26	711.74
September 2029	957.65	736.65
October 2029	982.55	755.80
November 2029	1,007.11	774.70
December 2029	1,032.29	794.07

Go Digit General Insurance Share Price Prediction 2030

When	Maximum Price	Minimum Price
January 2030	1,052.93	809.95
February 2030	1,079.93	830.72
March 2030	1,122.05	863.11
April 2030	1,100.05	846.19
May 2030	1,068.01	821.54
June 2030	1,116.07	858.51
July 2030	1,094.18	841.68
August 2030	1,128.02	867.71
September 2030	1,167.51	898.08
October 2030	1,197.86	921.43
November 2030	1,227.81	944.47
December 2030	1,258.50	968.08

In 2030, Go Digit General Insurance Ltd is expected to experience a consistent rise in its stock prices. Starting in January, the maximum price is projected to be ₹1,052.93 with a minimum of ₹809.95. By December, the prices could rise to a maximum of ₹1,258.50 and a minimum of ₹968.08.

Financial Condition of Go Digit General Insurance Ltd

	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	2,252	3,841	5,269	7,269
Expenses +	2,366	4,124	5,218	7,070
Operating Profit	-114	-283	50	199
OPM %	-5%	-7%	1%	3%
Other Income +	0	0	0	1
Interest	0	0	0	0
Depreciation	9	12	15	18
Profit before tax	-123	-296	36	182
Tax %	0%	0%	0%	0%
Net Profit +	-123	-296	36	182
EPS in Rs	-1.49	-3.44	0.41	2.08
Dividend Payout %	0%	0%	0%	0%

Go Digit General Insurance Ltd has exhibited considerable financial growth from March 2021 to March 2024, signaling its strengthening position in the market. Over this period, the company’s sales grew remarkably, starting from ₹2,252 crores in March 2021 and reaching ₹7,269 crores by March 2024, reflecting a robust expansion of its customer base and business operations. However, this increase in revenue was accompanied by rising expenses, which climbed from ₹2,366 crores in 2021 to ₹7,070 crores in 2024. As a result, Go Digit initially faced operating losses, with an operating loss of ₹114 crores in 2021 and ₹283 crores in 2022. Despite these challenges, the company turned its performance around in 2023 by posting an operating profit of ₹50 crores, which improved further to ₹199 crores in 2024. The operating profit margin (OPM) showed a steady improvement, moving from -5% in 2021 to 3% by 2024, indicating better cost management and operational efficiency.

In terms of profitability, Go Digit General Insurance Ltd saw a major turnaround. The company faced net losses of ₹123 crores in both 2021 and 2022, but by 2023, it managed to generate a net profit of ₹36 crores, which significantly increased to ₹182 crores by 2024. This positive shift also reflected in its earnings per share (EPS), which improved from a negative ₹1.49 in 2021 to ₹2.08 in 2024. Despite the financial progress, the company has not yet announced any dividend payouts, as indicated by a 0% dividend payout across these years. With strong backing from Fairfax and a steady focus on digital innovation, Go Digit has demonstrated resilience and is positioned for future growth, reflecting its improving financial health over time.

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Conclusion

In conclusion, Go Digit General Insurance Ltd has shown remarkable growth and financial recovery from March 2021 to March 2024, with sales increasing significantly and a turnaround from operational and net losses to profitability. This growth trajectory indicates a solid foundation for future expansion in the insurance sector. The company’s digital-first approach, strong backing from Fairfax Financial Holdings, and focus on customer-centric solutions have contributed to its positive outlook. With projected share prices anticipated to rise substantially by 2030, Go Digit is well-positioned for continued success.