CRISIL places on watch Go Digit General Insurance at AA, outlook Developing
Go Digit General Insurance (GODIGIT) said CRISIL has placed on watch its credit rating at AA with a developing outlook. The company is valued at about ₹25,112 crore.
What happened
Go Digit General Insurance (GODIGIT) told the exchanges on 24 October 2026 at 06:05 PM that CRISIL has placed on watch its credit rating at AA with a developing outlook.
From the filing: "The Credit Rating letter issued by CRISIL is annexed herewith as Annexure 1 ."
Company snapshot
Go Digit General Insurance is a small-cap company in the Financial Services sector, with a market value of about ₹25,112 crore.
The stock last traded at ₹271.6, against a 52-week range of ₹231.7–₹374 (27.4% below the high).
Before this filing the shares had moved +12.5% over the month and −3.3% over three months. Average daily turnover over the last 20 sessions was about ₹30.52 crore.
Promoters held 73.00% at the end of Q1 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 8.23% and domestic institutions 15.01%.
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.3% on average the next trading day and was down 6.2% on average after five days (2 filings with price data).
Across 203 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.0% over five days; 47% of them rose the next day.
Market-wide, 1,329 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Sept 2026 | Credit Rating | +3.6% | — |
| 30 Jun 2026 | Credit Rating | −2.9% | −6.2% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Go Digit General Insurance posts lower Q1FY27 profit as combined ratio widens
- Fairfax will transfer Go Digit Insurance and Go Digit Life Insurance stakes to IDBI Bank
- IDBI Bank to become promoter in Go Digit General Insurance as Fairfax consolidates its ownership
- Fairfax Proposes To Transfer Go Digit Stake To IDBI Bank
- Canada’s Fairfax proposes transfer to Go Digit insurance, IIFL Capital interests to IDBI Bank
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.