The New India Assurance Company
The New India Assurance Company Performance
Day Range
- Low 226.45
- High 236.45
52 Week Range
- Low 94.60
- High 261.90
- Open Price235.45
- Previous Close236.70
- Volume1686202
Start SIP in The New India Assurance Company
Start SIPThe New India Assurance Company Investment Rating
-
Master Rating:
-
The New India Assurance Co has an operating revenue of Rs. 39,879.38 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 3% needs improvement, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 41% and 78% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 29 which is a POOR score indicating inconsistency in earnings, a RS Rating of 90 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 97 indicates it belongs to a poor industry group of Insurance-Brokers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 10,517 | 9,274 | 7,893 | 7,861 | 7,308 | 7,182 | 7,260 |
Operating Expenses Qtr Cr | 10,737 | 8,932 | 10,034 | 9,571 | 11,495 | 8,339 | 9,161 |
Operating Profit Qtr Cr | -260 | 311 | 118 | 896 | 19 | 144 | -717 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | -54 | 51 | 5 | 166 | -10 | 29 | -115 |
Net Profit Qtr Cr | -200 | 260 | 155 | 749 | 33 | 118 | -543 |
The New India Assurance Company Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 13
- Bearish Moving Average
- ___
- 3
- 20 Day
- ₹202.53
- 50 Day
- ₹172.24
- 100 Day
- ₹152.84
- 200 Day
- ₹136.67
- 20 Day
- ₹192.82
- 50 Day
- ₹160.73
- 100 Day
- ₹144.60
- 200 Day
- ₹127.64
The New India Assurance Company Resistance and Support
Resistance | |
---|---|
First Resistance | 234.25 |
Second Resistance | 240.35 |
Third Resistance | 244.25 |
RSI | 65.80 |
MFI | 83.19 |
MACD Single Line | 22.03 |
MACD | 24.75 |
Support | |
---|---|
First Resistance | 224.25 |
Second Resistance | 220.35 |
Third Resistance | 214.25 |
The New India Assurance Company Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 1,814,375 | 69,980,444 | 38.57 |
Week | 4,230,643 | 119,388,734 | 28.22 |
1 Month | 8,926,852 | 179,072,650 | 20.06 |
6 Month | 2,679,264 | 67,865,760 | 25.33 |
The New India Assurance Company Result Highlights
The New India Assurance Company Synopsis
NSE-Insurance-Brokers
The New India Assur is involved in the business activities of Non-life insurance. Company’s Total Operating Revenue is Rs. 40801.49 Cr. and Equity Capital is Rs. 824.00 Cr. for the Year ended 31/03/2023. The New India Assurance Company Ltd. is a Public Limited Listed company incorporated on 23/07/1919 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L66000MH1919GOI000526 and registration number is 000526.Market Cap | 37,599 |
Sales | 40,426 |
Shares in Float | 24.72 |
No of funds | 50 |
Yield | 0.85 |
Book Value | 1.47 |
U/D Vol ratio | 1.5 |
LTDebt / Equity | |
Alpha | 0.21 |
Beta | 1.88 |
The New India Assurance Company
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 85.44% | 85.44% | 85.44% | 85.44% |
Mutual Funds | 0.26% | 0.26% | 0.26% | 0.25% |
Insurance Companies | 10.79% | 10.79% | 10.79% | 10.79% |
Foreign Portfolio Investors | 0.69% | 0.66% | 0.65% | 0.62% |
Financial Institutions/ Banks | 0.88% | 0.88% | 0.88% | 0.88% |
Individual Investors | 1.45% | 1.54% | 1.55% | 1.55% |
Others | 0.49% | 0.43% | 0.43% | 0.47% |
The New India Assurance Company Management
Name | Designation |
---|---|
Ms. Neeraj Kapur | Chairman & Managing Director |
Mr. Ratan Kumar Das | Director |
Mr. Surender Kumar Agarwal | Director |
Mr. A S Rajeev | Director |
Ms. Mandakini Balodhi | Director |
Mr. Titus Francis Maliakkel | Director & CFO |
Ms. Akani Devi | Director |
Ms. Smita Srivastava | Director |
The New India Assurance Company Forecast
Price Estimates
The New India Assurance Company Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-08 | Quarterly Results | |
2023-08-11 | Quarterly Results | |
2023-05-29 | Audited Results & Final Dividend | |
2023-02-13 | Quarterly Results | |
2022-11-11 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2023-09-08 | FINAL | Rs.1.93 per share(38.6%)Final Dividend |
2022-08-26 | FINAL | Rs.0.30 per share(6%)Dividend |
The New India Assurance Company FAQs
What is Share Price of The New India Assurance Company ?
The New India Assurance Company share price is ₹228 As on 10 December, 2023 | 02:45
What is the Market Cap of The New India Assurance Company ?
The Market Cap of The New India Assurance Company is ₹37599.1 Cr As on 10 December, 2023 | 02:45
What is the P/E ratio of The New India Assurance Company ?
The P/E ratio of The New India Assurance Company is 39.7 As on 10 December, 2023 | 02:45
What is the PB ratio of The New India Assurance Company ?
The PB ratio of The New India Assurance Company is 1.5 As on 10 December, 2023 | 02:45