Rakesh Jhunjhunwala portfolio: Shares of Star Health Insurance got listed recently. The Rakesh Jhunjhunwala-backed public issue had a subdued listing and Star Health share price has been around its price band of ₹870 to ₹900 per equity share since listing.
According to stock market experts, the insurance company has focus on retail business (B2C) and it is one of the well known brands in Indian market.
The company was under stress due to higher number of claims during Covid pandemic spread but in the wake of unlock activities, the company is expected to come on track and in next one to two years, Star Health share price may go up to ₹1500 levels.