New India Assurance Company Ltd (NIACL)
₹232
New India Assurance Company Ltd share Performance
- ₹227.55₹243.7₹232
1.92%
Low
Day's Volatility:6.96%
High
5.04%
- ₹109.2₹324.7₹232
52.93%
Low
52 Weeks Volatility:92.89%
High
39.96%
| Returns % | |
| 1 Month Return | 0.02 % |
| 3 Month Return | -9.96 % |
| 1 Year Return | 117.55 % |
| Market Stats | |
| Previous Close | ₹239.20 |
| Open | ₹240.70 |
| Volume | 24.65L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹39,420.16Cr |
Analyst Rating
based on 2 analysts
Based on 2 analysts offering long term price targets for New India Assurance Company Ltd. An average target of ₹130
Source: S&P Global Market Intelligence
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: ₹232.00 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹39,420.16Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹713.00Cr as on December 2023 (Q4 23)
Listing date: 13 Nov, 2017
Chairperson Name: Neerja Kapur
| Organisation | New India Assurance Company Ltd |
| Headquarters | |
| Industry | Insurance |
| E-voting on shares | Click here to vote |
Key events for New India Assurance Company Ltd
New India Assurance Stock Up by 9.3% Over the Past Week - 02 May, 2024
New India Assurance's ROE is rather low, even when compared to the industry average of 12%. The significant decline in net income over the last five years is not surprising. No clear sign about the company's financial health.
New India Assurance Achieves $5 Billion Global Premium in FY24 - 04 Apr, 2024
New India Assurance reported a global written premium target of Rs 42,000 crore for FY24, with health being the top-performing segment and growth in both health and motor segments. The unaudited figures showed a total of Rs 41,860 crore for the financial year.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 0.04% to 0.05% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -176.13 Cr → 721.5 Cr (in ₹), with an average increase of 124.4% per quarter
- POSITIVE IMPACT
Price Rise
In the last 6 months, NIACL stock has moved up by 73.0%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 9.87K Cr → 11.36K Cr (in ₹), with an average increase of 6.8% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.77% to 0.82% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, NIACL has outperformed top 5 stocks with highest market-cap in Multiline Insurance & Brokers
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, NIACL has outperformed top 5 stocks with highest market-cap in Multiline Insurance & Brokers
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 85.44% of holdings in Mar 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 2.08% to 1.99% in Mar 2024 quarter
New India Assurance Company Ltd Valuation
New India Assurance Company Ltd in the last 5 years
Lowest (5.58x)
February 19, 2019
Industry (23.85x)
May 2, 2024
Today (42.26x)
May 2, 2024
Highest (164.88x)
December 20, 2022
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.44% | 0.00 | |
| Foreign Institutions | 0.82% | 0.00 | |
| Mutual Funds | 0.05% | 0.00 | |
| Retail Investors | 1.99% | 0.00 | |
| Others | 11.71% | 0.00 |
Technicals of New India Assurance Company Ltd share
News & Events of New India Assurance Company Ltd
Frequently Asked Questions
- 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 ₹232
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 ₹243.7.
- Today’s lowest price of New India Assurance Company Ltd is ₹227.55.
PE Ratio of New India Assurance Company Ltd is 42.26
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 24.65L.
Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹39420.16Cr.
| New India Assurance Company Ltd(NIACL | Price |
|---|---|
52 Week High | ₹324.7 |
52 Week Low | ₹109.2 |
New India Assurance Company Ltd(NIACL) share price is ₹232. It is down -28.55% from its 52 Week High price of ₹324.7
New India Assurance Company Ltd(NIACL) share price is ₹232. It is up 112.45% from its 52 Week Low price of ₹109.2
| New India Assurance Company Ltd(NIACL | Returns |
|---|---|
1 Day Returns | -7.2% |
1 Month Returns | 0.02% |
3 Month Returns | -9.96% |
1 Year Returns | 117.55% |