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New India Assurance NSEI:NIACL Stock Report

Last Price

₹238.20

Market Cap

₹392.6b

7D

-5.4%

1Y

91.0%

Updated

17 Aug, 2024

Data

Company Financials +

The New India Assurance Company Limited

NSEI:NIACL Stock Report

Market Cap: ₹392.6b

The New India Assurance Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New India Assurance
Historical stock prices
Current Share Price₹238.20
52 Week High₹324.70
52 Week Low₹123.35
Beta0.98
11 Month Change-15.06%
3 Month Change1.06%
1 Year Change91.02%
33 Year Change75.86%
5 Year Change125.89%
Change since IPO-34.48%

Recent News & Updates

New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Aug 18
New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Jul 23
New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Recent updates

New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Aug 18
New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Jul 23
New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06

Earnings Not Telling The Story For The New India Assurance Company Limited (NSE:NIACL) After Shares Rise 28%

Jul 05
Earnings Not Telling The Story For The New India Assurance Company Limited (NSE:NIACL) After Shares Rise 28%

The New India Assurance Company Limited (NSE:NIACL) Looks Just Right With A 28% Price Jump

Feb 17
The New India Assurance Company Limited (NSE:NIACL) Looks Just Right With A 28% Price Jump

Market Might Still Lack Some Conviction On The New India Assurance Company Limited (NSE:NIACL) Even After 48% Share Price Boost

Dec 18
Market Might Still Lack Some Conviction On The New India Assurance Company Limited (NSE:NIACL) Even After 48% Share Price Boost

Earnings Miss: The New India Assurance Company Limited Missed EPS By 32% And Analysts Are Revising Their Forecasts

Jun 09
Earnings Miss: The New India Assurance Company Limited Missed EPS By 32% And Analysts Are Revising Their Forecasts

The New India Assurance Company Limited (NSE:NIACL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 21
The New India Assurance Company Limited (NSE:NIACL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

What Type Of Returns Would New India Assurance's(NSE:NIACL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Dec 02
What Type Of Returns Would New India Assurance's(NSE:NIACL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Shareholder Returns

NIACLIN InsuranceIN Market
7D-5.4%-3.1%0.2%
1Y91.0%47.9%43.7%

Return vs Industry: NIACL exceeded the Indian Insurance industry which returned 47.9% over the past year.

Return vs Market: NIACL exceeded the Indian Market which returned 43.7% over the past year.

Price Volatility

Is NIACL's price volatile compared to industry and market?
NIACL volatility
NIACL Average Weekly Movement9.1%
Insurance Industry Average Movement4.6%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.7%
10% least volatile stocks in IN Market4.3%

Stable Share Price: NIACL has not had significant price volatility in the past 3 months.

Volatility Over Time: NIACL's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
191912,815Girija Subramanianwww.newindia.co.in

The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides credit, engineering, aviation, property, personal accident, liability, marine cargo, marine hull, fire, motor, health, social sector, and miscellaneous insurance products. It also offers crop, cattle, sheep, goat, poultry, horticulture/plantation, and micro insurance products, as well as insurance for agriculture solar pump sets.

The New India Assurance Company Limited Fundamentals Summary

How do New India Assurance's earnings and revenue compare to its market cap?
NIACL fundamental statistics
Market cap₹392.55b
Earnings (TTM)₹10.96b
Revenue (TTM)₹439.67b

35.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NIACL income statement (TTM)
Revenue₹439.67b
Cost of Revenue₹369.06b
Gross Profit₹70.61b
Other Expenses₹59.66b
Earnings₹10.96b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.65
Gross Margin16.06%
Net Profit Margin2.49%
Debt/Equity Ratio0%

How did NIACL perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

30%

Payout Ratio
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