From the share holding pattern itself one thing is clear and that is the strong hands of institutions are involving in the stock from the last quarter of 2022 onwards while the weak hands of retailers are moving out of it.
In a country like India where a large majority of people are still unaware of the importance of health insurance, there is high growth prospects for a company like Star Health. The institutions are well aware of this and that is exactly why they are being involved in the stock at these valuations.
So when compared to the price at which institutions started accumulating, I'm at a better price point from a valuation perspective. So I'll even consider adding more on to the position if price falls further down to the next inflection point and sum up the total holding to 2.5% of the capital.
As of now, I took a position for about 1.25% of the capital.
In a country like India where a large majority of people are still unaware of the importance of health insurance, there is high growth prospects for a company like Star Health. The institutions are well aware of this and that is exactly why they are being involved in the stock at these valuations.
So when compared to the price at which institutions started accumulating, I'm at a better price point from a valuation perspective. So I'll even consider adding more on to the position if price falls further down to the next inflection point and sum up the total holding to 2.5% of the capital.
As of now, I took a position for about 1.25% of the capital.