bell
The current prices are delayed by 15 mins, login to check live prices.
New India Assurance Company Ltd share price logo

New India Assurance Company Ltd

(NIACL)

₹207.470.86%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

New India Assurance Company Ltd Analyst Rating

based on 2 analysts

HOLD

50.00%

Buy

0.00%

Hold

50.00%

Sell

Based on 2 analysts offering long term price targets for New India Assurance Company Ltd. An average target of ₹237

Source: S&P Global Market Intelligence

New India Assurance Company Ltd Share analysis

New India Assurance Company Ltd price forecast by 2 analysts

Upside of13.25%

High

₹294

Target

₹237.00

Low

₹180

New India Assurance Company Ltd target price ₹237, a slight upside of 13.25% compared to current price of ₹207.47. According to 2 analysts rating.

Source: S&P Global Market Intelligence

New India Assurance Company Ltd Performance

  • Day's Low

    Day's High

    ₹206.5
    ₹215.59
  • 52 Week's Low

    52 Week's High

    ₹130.1
    ₹324.7
1 Month Return-11.55 %
3 Month Return-22.72 %
1 Year Return+ 51.05 %
Previous Close₹209.28
Open₹211.29
Volume8.18L
Upper Circuit-
Lower Circuit-
Market Cap₹34,489.34Cr

New India Assurance Company Ltd Key Statistics

P/E Ratio31.47
PEG Ratio-65.56
Market Cap₹34,489.34 Cr
P/B Ratio1.34
EPS6.62
Dividend Yield1.14
SectorInsurance
ROE4.21

New India Assurance Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹34,489.34 Cr10.69%0.69₹1,091 Cr₹43,675 Cr
BUY₹32,342.66 Cr-7.86%0.54NANA
HOLD₹68,009.32 Cr9.81%0.68₹6,508 Cr₹45,374 Cr
HOLD₹76,790.67 Cr8.01%0.50₹64 Cr₹3,437 Cr
BUY₹1,70,933.24 Cr14.5%0.98NANA

About New India Assurance Company Ltd

New India Assurance Company Ltd is a leading general insurance company in India. Incorporated in 1919, the company is a wholly owned subsidiary of the Government of India with its headquarters in Mumbai.

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: ₹207.47 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹34,489.34Cr as of today
Revenue: ₹10,420.41Cr as on June 2024 (Q2 24)
Net Profit: ₹232.80Cr as on June 2024 (Q2 24)
Listing date: 13 Nov, 2017
Chairperson Name: Neerja Kapur
OrganisationNew India Assurance Company Ltd
Headquarters
IndustryInsurance
E-voting on sharesClick here to vote

Key events for New India Assurance Company Ltd

  • NIACL Releases Admit Card for AO Preliminary Exam - 07 Oct, 2024

    The New India Assurance Company Limited has released the admit card for the Administrative Officer Preliminary Exam 2024. Candidates can download their call letters starting October 7, 2024, for the exam scheduled on October 13, 2024, to fill 170 vacancies.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 2.12% to 2.42% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.80% to 0.87% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, NIACL has outperformed top 5 stocks with highest market-cap in Multiline Insurance & Brokers

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.04% to 0.11% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 85.44% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, ICICI Lombard General Insurance Company Ltd has given 34.3% return, outperforming this stock by 2.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 721.5 Cr → 239.31 Cr (in ₹), with an average decrease of 40.0% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, NIACL stock has moved down by -22.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 11.72K Cr → 10.42K Cr (in ₹), with an average decrease of 11.1% per quarter

New India Assurance Company Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹9,874.93Cr (-)₹10,571.03Cr (↑7.05%)₹11,366.20Cr (↑7.52%)₹11,721.43Cr (↑3.13%)₹10,420.41Cr (↓11.10%)
Net Income₹265.66Cr (-)-₹195.32Cr (↓173.52%)₹713.00Cr (↓465.04%)₹307.78Cr (↓56.83%)₹232.80Cr (↓24.36%)
Net Profit Margin2.69% (-)-1.85% (↓168.77%)6.27% (↓438.92%)2.63% (↓58.05%)2.23% (↓15.21%)
Value in ₹ crore
Details2021202220232024
Total Assets₹91,419.69Cr (-)₹95,349.85Cr (↑4.30%)₹97,013.07Cr (↑1.74%)₹1,07,184.39Cr (↑10.48%)
Total Liabilities₹66,675.10Cr (-)₹70,387.19Cr (↑5.57%)₹71,368.53Cr (↑1.39%)₹79,201.36Cr (↑10.98%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹965.54Cr (-)₹751.34Cr (↓177.82%)-₹4,064.53Cr (↓640.97%)-₹5,845.69Cr (↑43.82%)-₹4,677.69Cr (↓19.98%)

Index Inclusions

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

Nifty LargeMidcap 250

₹16,213.95

-0.98 (-159.85%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

BSE Mid-Cap

₹47,164.93

-1.63 (-781.4%)

S&P BSE PSU

₹20,419.62

-1.38 (-286.67%)

S&P BSE CPSE

₹4,077.95

-1.41 (-58.33%)

S&P BSE Enhanced Value

₹968.95

-1.87 (-18.5%)

S&P BSE 250 LargeMidCap

₹10,836.09

-0.63 (-68.92%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

S&P BSE Fin. Ser

₹11,597.77

-0.25 (-28.97%)

Nifty Midcap 150

₹21,429.90

-1.5 (-325.75%)

S&P BSE 150 MidCap

₹16,266.28

-1.52 (-250.33%)

New India Assurance Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
85.44%
0.00
Foreign Institutions
0.87%
8.74
Mutual Funds
0.11%
144.94
Retail Investors
2.42%
14.46
Others
11.16%
-3.79

New India Assurance Company Ltd Key Indicators

Details20202021202220232024
Return On Equity %6.938.80.864.724.21
Details20202021202220232024
Return On Assets %1.891.790.21.081.04
Details20202021202220232024
Book Value Per Share (₹)130.74155.07156.58156.94171.7
Details20202021202220232024
Earning Per Share (₹)8.719.881.086.446.62

New India Assurance Company Ltd Valuation

New India Assurance Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.58x)

February 19, 2019

Industry (23.48x)

October 18, 2024

Today (31.47x)

October 18, 2024

Highest (164.88x)

December 20, 2022

LowHigh

New India Assurance Company Ltd Earnings and Dividends

  • New India Assurance Company Ltd Earnings Results

    New India Assurance Company Ltd’s net profit fell -8.04% since last year same period to ₹239.31Cr in the Q1 2024-2025. On a quarterly growth basis, New India Assurance Company Ltd has generated -23.02% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • New India Assurance Company Ltd Dividends May,2024

    In the quarter ending March 2024, New India Assurance Company Ltd has declared dividend of ₹2.06 - translating a dividend yield of 1.92%.

    Read More about Dividends

New India Assurance Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

New India Assurance Company Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on New India Assurance Company Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy New India Assurance Company Ltd shares.

New India Assurance Company Ltd (NIACL) share price today is ₹207.47

New India Assurance Company Ltd is listed on NSE

New India Assurance Company Ltd is listed on BSE

  • Today’s highest price of New India Assurance Company Ltd is ₹215.59.
  • Today’s lowest price of New India Assurance Company Ltd is ₹206.5.

PE Ratio of New India Assurance Company Ltd is 31.47

PE ratio = New India Assurance Company Ltd Market price per share / New India Assurance Company Ltd Earnings per share

Today’s traded volume of New India Assurance Company Ltd(NIACL) is 8.18L.

Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹34489.34Cr.

New India Assurance Company Ltd(NIACLPrice
52 Week High
₹324.7
52 Week Low
₹130.1

New India Assurance Company Ltd(NIACL) share price is ₹207.47. It is down -36.10% from its 52 Week High price of ₹324.7

New India Assurance Company Ltd(NIACL) share price is ₹207.47. It is up 59.47% from its 52 Week Low price of ₹130.1

New India Assurance Company Ltd(NIACLReturns
1 Day Returns
-1.81%
1 Month Returns
-11.55%
3 Month Returns
-22.72%
1 Year Returns
51.05%