Niva Bupa's Shares Soar 15%, Hitting 4-Month High on Strong Q4 Performance

The shares of Niva Bupa Health Insurance Company rose 15 percent, bringing them to the four-month high of Rs 95 per share, on the 8th of May following the company reported a better than expected performance in its March quarter in FY25.

In the past month, the share price of the private health insurance company has increased by over 24 percent, compared to an increase of 8 percent on Nifty 50, the index that is used as a benchmark.

The company announced the company reported a 31.2 percentage year on year (YoY) growth in net income, which was Rs 206 crore in the period ending 31 March 2025. in comparison to 157 crore for the same period last year. The Gross Written Price (GWP) in Q4FY25 was at 2,395 crore which was an increase of 36 percent year-on-year.

Niva Bupa also expanded its buzzing stocks in the retail health sector by 9.1 percent at the end of FY24 up and to 9.4 percent for FY25. It is strengthening its place among the top companies within this sector.

In the future the company will invest in building an iconic and distinct brand, and accelerate the digital transformation, and broadening its distribution network to increase its position in the market and offer improved healthcare protection to thousands of Indians.

"Our focus remains on innovating for the customer, simplifying the claims process, and strengthening our digital backbone to drive further efficiencies and scalability," the company wrote in its Q4 earnings report.

Motilal Oswal began coverage of the stock by giving it a 'Buy with the target price of 100 rupees, noting the potential for growth that is robust.

In the past, ICICI Securities also started coverage in the market with a 'Buy' rating and a price target of 90 rupees. The brokerage noted it is Niva Bupa stands to benefit from India's underdeveloped insurance sector for health, with its share of the retail market growing between 4 and 9.4 percent over the first 11 month of FY25.