Bengaluru, Oct. 29 -- The shares of the Mid-cap company specializing in health insurance, offering a variety of specialized plans for different needs, as well as personal accident and overseas travel insurance, declined by upto 7 percent following their Q2 results with a 79 percent decline in profit QoQ.

With a market capitalization of 27,338.44 Crores on Wednesday, the shares of Star Health and Allied Insurance Company Ltd declined by upto 6.5 percent, reaching a low of Rs. 462.20 compared to its previous close of Rs. 494.85.

What Happened

Star Health and Allied Insurance Company Ltd, engaged in health insurance, offering a variety of specialized plans for different needs, as well as personal accident and overseas travel insurance, ha...