New India Assurance Company Ltd Share Price (NIACL)
₹135.65
Overview of New India Assurance Company Ltd
Key events for New India Assurance Company Ltd
Brokerage Research Identifies New India Assurance as a Midcap to Smallcap Stock - 03 Oct, 2023
According to brokerage research, New India Assurance Company Ltd is among the stocks that can go from midcap to smallcap.
New India Assurance Wins Rs 4.52 Lakh Crore Insurance Policy for Indian Oil Corp - 02 Oct, 2023
New India Assurance has won the mega insurance policy for a Rs 4.52-lakh crore cover for Indian Oil Corp for the ninth consecutive year, covering all assets including pipelines, pumps, storage tanks and distribution network.
Public Sector Insurers See Drop in Premium Income - 11 Sep, 2023
During the first five months of the current fiscal, public sector insurers saw a 1% drop in premium income to Rs 34,203 crore, resulting in a market share decrease to 32.5% from 33.4%. New India Assurance Company Ltd is one of the affected companies.
New India Assurance Company Ltd to Turn Ex-Dividend Today - 08 Sep, 2023
The New India Assurance Company Ltd is set to turn ex-dividend today, with a dividend of Rs 1.93 per share.
New India Assurance to be Included in GIPSA - 06 Sep, 2023
If included, New India Assurance will become the fifth state-run general insurer under General Insurance Public Sector Association (GIPSA).
ICRA Report: PSU Insurers to Witness High Combined Ratio, New India's Capital Requirement Estimated at Rs 17,200-17,500 Crore - 27 Aug, 2023
Most PSU insurers are expected to witness high combined ratios resulting in net losses, with New India Assurance Company Ltd requiring an estimated capital of Rs 17,200-17,500 crore to meet solvency requirements as of March 2024. ICRA released this report in May.
New India Assurance Company Ltd Stock Shows Strong Trend Reversal - 22 Aug, 2023
The New India Assurance (NIACL) stock witnessed a strong breakout from a trendline in December 2022, with large volumes signalling a strong trend reversal on the upside. The stock is now breaking the 200 SMA resistance and has an upside resistance at 160 and support levels at 105.
New India Assurance Company Ltd Reports 9% YoY Growth - 21 Aug, 2023
New India Assurance Company Ltd has reported a year-on-year growth of 9%, according to recent news reports.
LIC and New India Assurance report surge in net profit - 16 Aug, 2023
New India Assurance Company Ltd's net profit rose by 120% due to a rise in total income, while LIC reported a surge of 1,299% in net profit due to higher income on investments.
New India Assurance Q1 Net Profit Up 119.66% - 14 Aug, 2023
New India Assurance Company Ltd's net profit for Q1 June 2023 increased by 119.66% YoY to Rs. 260.23 crore, while EBITDA rose by 110.17%. The company's EPS also increased from Rs. 0.72 in June 2022 to Rs. 1.58 in June 2023.
Review Meeting to Discuss New India Assurance's Business Revival Plan - 31 Jul, 2023
New India Assurance Company Ltd will be part of a review meeting with state-run non-life insurers to discuss crucial aspects such as capital requirements, financial performance and business revival plan.
Analyst Rating for New India Assurance Company Ltd stock
based on 3 analysts
Based on 3 analysts offering long term price targets for New India Assurance Company Ltd. An average target of ₹110
Source: S&P Global Market Intelligence
New India Assurance Company Ltd share Performance
- ₹134.3₹138.95₹135.65
1.00%
Downside
Day's Volatility:3.43%
Upside
2.43%
- ₹84.55₹150.8₹135.65
37.67%
Downside
52 Weeks Volatility:48.84%
Upside
11.17%
| Returns % | |
| 1 Month Return | 3.95 % |
| 3 Month Return | 20.02 % |
| 1 Year Return | 58.5 % |
| Market Stats | |
| Previous Close | ₹139.40 |
| Open | ₹138.95 |
| Volume | 6.55L |
| Market Cap | ₹22,973.12Cr |
New India Assurance Company Ltd Company Information
New India Assurance provides a wide range of products and services including motor insurance, health insurance, travel insurance, property insurance, marine insurance, engineering insurance, liability insurance and liability insurance. Its popular brands include New India Assurance, New India Assurance Health, New India Assurance Travel, New India Assurance Property and New India Assurance Marine.
New India Assurance is one of the largest general insurance companies in India and is committed to providing quality insurance solutions to its customers. The company offers competitive premiums and a wide range of coverages to ensure that customers get the best value for their money.
Share Price: ₹135.65 per share as on 04 Oct, 2023 04:01 PM
Market Capitalisation: ₹22,973.12Cr as of today
Revenue: ₹10,223.09Cr as on March 2023 (Q1 23)
Net Profit: ₹126.12Cr as on March 2023 (Q1 23)
Listing date: 13 Nov, 2017
Chairperson Name: Madhulika Bhaskar
| Organisation | New India Assurance Company Ltd |
| Headquarters | |
| Industry | Insurance |
| E-voting on shares | Click here to vote |
Fundamentals of New India Assurance Company Ltd
Insights on New India Assurance Company Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, NIACL has outperformed top 5 stocks with highest market-cap in Multiline Insurance & Brokers
- POSITIVE IMPACT
Price Rise
In the last 1 year, NIACL stock has moved up by 60.2%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.65% to 0.67% in Jun 2023 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 85.44% of holdings in Jun 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, Bajaj Finserv Ltd has given 165.4% return, outperforming this stock by 133.6%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 1.98% to 1.97% in Jun 2023 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 11.59K Cr → 10.22K Cr (in ₹), with an average decrease of 6.1% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 736.73 Cr → 126.12 Cr (in ₹), with an average decrease of 82.9% per quarter
New India Assurance Company Ltd share Valuation
New India Assurance Company Ltd in the last 5 years
Lowest (5.58x)
February 19, 2019
Industry (18.44x)
October 3, 2023
Today (19.55x)
October 3, 2023
Highest (164.88x)
December 20, 2022
Mutual Fund Holdings
| Funds | Holdings |
 SBI Long Term Equity Fund Direct Growth | 0.32% |
 Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 0.14% |
 Nippon India Nifty Midcap 150 Index Fund Direct Growth | 0.15% |
 ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth | 0.15% |
| SBI Nifty Midcap 150 Index Fund Direct Growth | 0.15% |
New India Assurance Company Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 2 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.44% | 0.00 | |
| Foreign Institutions | 0.67% | 2.23 | |
| Mutual Funds | 0.26% | 1.13 | |
| Retail Investors | 1.97% | ||
| Others | 11.67% |
Technicals of New India Assurance Company Ltd share
News & Events of New India Assurance Company Ltd
Frequently Asked Questions
New India Assurance Company Ltd (NIACL) share price today is ₹135.65
- Today’s highest price of New India Assurance Company Ltd is ₹138.95.
- Today’s lowest price of New India Assurance Company Ltd is ₹134.3.
Today’s traded volume of New India Assurance Company Ltd(NIACL) is 6.55L.
Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹22973.12Cr.
| New India Assurance Company Ltd(NIACL | Price |
|---|---|
52 Week High | ₹150.8 |
52 Week Low | ₹84.55 |
New India Assurance Company Ltd(NIACL) share price is ₹135.65. It is down -10.05% from its 52 Week High price of ₹150.8
New India Assurance Company Ltd(NIACL) share price is ₹135.65. It is up 60.44% from its 52 Week Low price of ₹84.55
| New India Assurance Company Ltd(NIACL | Returns |
|---|---|
1 Day Returns | -3.75% |
1 Month Returns | 3.95% |
3 Month Returns | 20.02% |
1 Year Returns | 58.5% |