New India Assurance Company Ltd Analyst Rating
based on 2 analysts
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 ₹232
Source: S&P Global Market Intelligence
New India Assurance Company Ltd Share analysis
New India Assurance Company Ltd price forecast by 2 analysts
Upside of20.03%
High
₹294
Target
₹232.00
Low
₹170
New India Assurance Company Ltd target price ₹232, a slight upside of 20.03% compared to current price of ₹193.28. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
New India Assurance Company Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.90%
Forecast
Actual
Including amortisation and stock based compensations
New India Assurance Company Ltd EPS growth forecast
EPS estimate Q1, FY2026:29.99%
Forecast
Actual
Source: S&P Global Market Intelligence
New India Assurance Company Ltd Performance
Day's Low
Day's High
₹189.55Day's Price Range₹195.0952 Week's Low
52 Week's High
₹168.852-Week Price Range₹324.7
| Returns % | |
| 1 Month Return | -9.72 % |
| 3 Month Return | -6.84 % |
| 1 Year Return | -19.48 % |
| Market Stats | |
| Previous Close | ₹191.76 |
| Open | ₹190.91 |
| Volume | 6.83L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹31,852.54Cr |
New India Assurance Company Ltd Key Statistics
| P/E Ratio | 23.4 |
| PEG Ratio | 9.32 |
| Market Cap | ₹31,852.54 Cr |
| P/B Ratio | 1.34 |
| EPS | 6.62 |
| Dividend Yield | 0.91 |
| Sector | Insurance |
| ROE | 4.21 |
New India Assurance Company Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹31,852.54 Cr | 4.41% | 0.69 | ₹1,091 Cr | ₹43,675 Cr | |
| BUY | ₹27,150.79 Cr | -9.81% | 0.54 | NA | NA | |
| HOLD | ₹76,790.09 Cr | 14.35% | 0.68 | ₹6,508 Cr | ₹45,374 Cr | |
| HOLD | ₹79,188.04 Cr | 8.69% | 0.50 | ₹64 Cr | ₹3,437 Cr | |
| BUY | ₹1,54,371.81 Cr | 11.39% | 0.98 | NA | NA |
New India Assurance Company Ltd Mutual Fund Holdings
About New India Assurance Company Ltd
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: ₹193.28 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹31,852.54Cr as of today
Revenue: ₹10,786.57Cr as on September 2024 (Q3 24)
Net Profit: ₹73.56Cr as on September 2024 (Q3 24)
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
NIACL Releases Assistant Exam Admit Card for 2025 - 17 Jan, 2025
The New India Assurance Company Ltd (NIACL) has released the admit card for the Assistant prelims exam 2025. Candidates can download it from the official website.New India Assurance Stock Declines Amid Sector Challenges - 06 Jan, 2025
On January 6, 2025, New India Assurance Company stock fell by 3.54%, marking a 4.22% decline over three days. The stock underperformed its sector and the Sensex, reflecting broader challenges in the finance/NBFC sector, which declined by 2.43%. The stock is currently above the 50-day moving average but below other key averages.CBI Court Sentences Accused in Insurance Fraud Case - 31 Dec, 2024
A CBI court sentenced five individuals to five years of rigorous imprisonment for their involvement in a fraudulent insurance claim scheme that caused a loss of Rs. 4,89,488 to New India Assurance Co. Ltd. The accused, including a senior divisional manager, conspired with private individuals to sanction claims based on forged documents during 1999-2000.NIACL Shares Drop Following GST Council Decision - 23 Dec, 2024
New India Assurance Company Limited (NIACL) shares declined over 6% after the GST Council postponed discussions on tax relief for life and health insurance premiums.Leadership Change at Agriculture Insurance Company - 20 Dec, 2024
Lavanya Mundayur has been promoted to Chairman and Managing Director of Agriculture Insurance Company of India, previously serving as General Manager at New India Assurance Company.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 2.42% to 2.54% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 10.42K Cr → 10.78K Cr (in ₹), with an average increase of 3.4% per quarter
NO EFFECTAgainst Peers
In the last 1 year, ICICI Lombard General Insurance Company Ltd has given 33.8% return, outperforming this stock by 53.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 85.44% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, ICICI Lombard General Insurance Company Ltd has given 29.8% return, outperforming this stock by 7.1%
NEGATIVE IMPACTPrice Dip
In the last 6 months, NIACL stock has moved down by -39.1%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.11% to 0.07% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 721.5 Cr → 89.7 Cr (in ₹), with an average decrease of 47.5% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.87% to 0.84% in Dec 2024 quarter
New India Assurance Company Ltd Financials
Index Inclusions
New India Assurance Company Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.44% | 0.00 | |
| Foreign Institutions | 0.84% | ||
| Mutual Funds | 0.07% | ||
| Retail Investors | 2.54% | 5.02 | |
| Others | 11.11% |
New India Assurance Company Ltd Key Indicators
New India Assurance Company Ltd Valuation
New India Assurance Company Ltd in the last 5 years
Lowest (5.58x)
February 19, 2019
Industry (21.56x)
January 17, 2025
Today (23.40x)
January 17, 2025
Highest (164.88x)
December 20, 2022
New India Assurance Company Ltd Earnings and Dividends
New India Assurance Company Ltd Earnings Results
New India Assurance Company Ltd’s net profit jumped 150.93% since last year same period to ₹89.70Cr in the Q2 2024-2025. On a quarterly growth basis, New India Assurance Company Ltd has generated -62.52% fall in its net profits since last 3-months.
Read More about Earnings ResultsNew 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 2.06%.
Read More about Dividends
New India Assurance Company Ltd Technicals Summary
Bearish
Neutral
Bullish
New India Assurance Company Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on New India Assurance Company Ltd
New India Assurance Company Ltd share price today stands at ₹193.28, Open. ₹190.91 ; Previous Close. ₹191.76 ; High. ₹195.09 ; Low. ₹189.55 ; 52 Week High. ₹324.7 ; 52 Week Low: ₹168.8.
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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 ₹195.09.
- Today’s lowest price of New India Assurance Company Ltd is ₹189.55.
PE Ratio of New India Assurance Company Ltd is 23.4
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 6.83L.
Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹31852.54Cr.
| New India Assurance Company Ltd(NIACL | Price |
|---|---|
52 Week High | ₹324.7 |
52 Week Low | ₹168.8 |
New India Assurance Company Ltd(NIACL) share price is ₹193.28. It is down -40.47% from its 52 Week High price of ₹324.7
New India Assurance Company Ltd(NIACL) share price is ₹193.28. It is up 14.50% from its 52 Week Low price of ₹168.8
| New India Assurance Company Ltd(NIACL | Returns |
|---|---|
1 Day Returns | 1.52% |
1 Month Returns | -9.72% |
3 Month Returns | -6.84% |
1 Year Returns | -19.48% |