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 ₹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 of1.41%
High
₹294
Target
₹237.00
Low
₹180
New India Assurance Company Ltd target price ₹237, a slight upside of 1.41% compared to current price of ₹233.15. 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, FY2026:21.57%
Forecast
Actual
Including amortisation and stock based compensations
New India Assurance Company Ltd EPS growth forecast
EPS estimate Q1, FY2026:72.96%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹226.65₹237.552 Week's Low
52 Week's High
₹130.1₹324.7
| Returns % | |
| 1 Month Return | -7.24 % |
| 3 Month Return | -1.76 % |
| 1 Year Return | + 61.12 % |
| Market Stats | |
| Previous Close | ₹233.70 |
| Open | ₹237.40 |
| Volume | 7.94L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹38,513.76Cr |
Key Statistics
| P/E Ratio | 35.14 |
| PEG Ratio | -73.21 |
| Market Cap | ₹38,513.76 Cr |
| P/B Ratio | 1.34 |
| EPS | 6.44 |
| Dividend Yield | 0 |
| Sector | Insurance |
| ROE | 4.21 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹38,513.76 Cr | 24.6% | 0.69 | ₹1,061 Cr | ₹41,007 Cr | |
| BUY | ₹35,367.84 Cr | -6.68% | 0.54 | NA | NA | |
| HOLD | ₹69,307.57 Cr | 22.44% | 0.68 | ₹6,508 Cr | ₹45,374 Cr | |
| BUY | ₹82,355.22 Cr | 10.04% | 0.50 | ₹64 Cr | ₹3,437 Cr | |
| BUY | ₹1,84,574.54 Cr | 25.95% | 0.98 | NA | NA |
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: ₹233.15 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹38,513.76Cr 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
| 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 Secures Insurance for Mysuru Dasara Elephants - 23 Aug, 2024
New India Assurance Company has provided a comprehensive insurance policy worth ₹ 2.38 crore for the safety of elephants and handlers during the Mysuru Dasara celebrations.
New India Assurance Reports Q1 Profit Decline - 09 Aug, 2024
New India Assurance's Q1 FY25 net profit fell 12.37% YoY to Rs 232.80 crore, despite a 5.71% rise in total income. The company aims to improve performance in the retail segment moving forward.
GST Authorities Demand Dues from Insurance Companies - 08 Aug, 2024
GST authorities have issued notices to over 20 general insurance companies, including New India Assurance, seeking around Rs 2,000 crore in unpaid dues related to services in Special Economic Zones.
New India Assurance Premiums Rise Amid Market Share Decline - 07 Aug, 2024
New India Assurance reported a 9% increase in premiums for July 2024, but only a 4% growth for the first four months of FY25. The company's market share decreased by 103 basis points to 13.98% compared to 15.01% last year.
Govt Orders PSICs to Assist Landslide Victims' Claims - 03 Aug, 2024
The Indian government has ordered Public Sector Insurance Companies (PSICs), including New India Assurance, to offer full support to the victims affected by landslides in Kerala's Wayanad. The move aims to ensure prompt processing and payment of insurance claims.
New India Assurance Hikes Premiums on Health Insurance Products - 30 Jul, 2024
New India Assurance is set to increase premiums by up to 10% on 25% of its health insurance portfolio following changes introduced by the Irdai. The company remains financially strong with a healthy solvency ratio and increased profits in FY24.
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
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
Retail Holding Up
Retail Investor have increased holdings from 1.99% to 2.12% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 85.44% of holdings in Jun 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, NIACL stock has moved down by -4.5%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.82% to 0.80% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 11.72K Cr → 10.42K Cr (in ₹), with an average decrease of 11.1% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 721.5 Cr → 239.31 Cr (in ₹), with an average decrease of 40.0% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.05% to 0.04% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.44% | 0.00 | |
| Foreign Institutions | 0.8% | ||
| Mutual Funds | 0.04% | ||
| Retail Investors | 2.12% | 6.52 | |
| Others | 11.61% |
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 (24.88x)
September 18, 2024
Today (35.14x)
September 18, 2024
Highest (164.88x)
December 20, 2022
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 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 1.71%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
New India Assurance Company Ltd is currently in a Bearish trading position according to technical analysis indicators.
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 ₹233.15
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 ₹237.5.
- Today’s lowest price of New India Assurance Company Ltd is ₹226.65.
PE Ratio of New India Assurance Company Ltd is 35.14
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 7.94L.
Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹38513.76Cr.
| New India Assurance Company Ltd(NIACL | Price |
|---|---|
52 Week High | ₹324.7 |
52 Week Low | ₹130.1 |
New India Assurance Company Ltd(NIACL) share price is ₹233.15. It is down -28.20% from its 52 Week High price of ₹324.7
New India Assurance Company Ltd(NIACL) share price is ₹233.15. It is up 79.21% from its 52 Week Low price of ₹130.1
| New India Assurance Company Ltd(NIACL | Returns |
|---|---|
1 Day Returns | -0.55% |
1 Month Returns | -7.24% |
3 Month Returns | -1.76% |
1 Year Returns | 61.12% |