NIACL

The New India Assurance Company Share PriceThe New India Assurance Company

₹228.15
-8.55 (-3.61%)
As on 10 December, 2023 | 02:59 BSE: 540769 NSE: NIACLISIN: INE470Y01017

The New India Assurance Company Performance

Day Range

  • Low 226.45
  • High 236.45
₹ 228.15

52 Week Range

  • Low 94.60
  • High 261.90
₹ 228.15
  • Open Price235.45
  • Previous Close236.70
  • Volume1686202

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The New India Assurance Company Share Price

  • Over 1 Month 57.62%
  • Over 3 Month 71.93%
  • Over 6 Month 89.41%
  • Over 1 Year 116.87%

The New India Assurance Company Key Statistics

P/E Ratio 39.7
PEG Ratio 0.1
Market Cap Cr 37,599
Price to Book Ratio 1.5
EPS 6.4
Dividend 0.8
Relative Strength Index 65.8
Money Flow Index 83.19
MACD Signal 22.03
Average True Range 13.51

The 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

The New India Assurance Company Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,5179,2747,8937,8617,3087,1827,260
Operating Expenses Qtr Cr 10,7378,93210,0349,57111,4958,3399,161
Operating Profit Qtr Cr -26031111889619144-717
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr -54515166-1029-115
Net Profit Qtr Cr -20026015574933118-543
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 40,86935,739
Operating Expenses Annual Cr 39,51035,467
Operating Profit Annual in Cr 1,292175
Depreciation Cr 7883
Interest Annual Cr 3530
Tax Annual Cr 190-4
Net Profit Annual Cr 1,055164
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -5,846-4,065
Cash from Investing Activity Annual Cr 5,3694,859
Cash from Financing Annual Activity Cr -490
Net Cash Flow Annual Cr -526794
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 25,64524,963
Fixed Assets Annual Cr 431439
Total Non Current Assets Annual Cr 74,97972,410
Total Current Assets Annual Cr 22,03422,940
Total Assets Annual Cr 97,01395,350
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 156151
ROE Annual % 41
ROCE Annual % 30
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 31
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,5679,3327,9377,9087,3507,2307,296
Operating Expenses Qtr Cr 10,7738,98310,0908,86511,5198,3959,177
Operating Profit Qtr Cr -24631810990833158-729
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr -47526163-431-121
Net Profit Qtr Cr -17626012673751134-552
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 41,07335,916
Operating Expenses Annual Cr 39,69835,621
Operating Profit Annual in Cr 1,310199
Depreciation Cr 8287
Interest Annual Cr 3630
Tax Annual Cr 1950
Net Profit Annual Cr 1,048195
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -5,855-4,052
Cash from Investing Activity Annual Cr 5,3874,893
Cash from Financing Annual Activity Cr -65-6
Net Cash Flow Annual Cr -534836
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 25,86325,805
Fixed Assets Annual Cr 509512
Total Non Current Assets Annual Cr 75,97573,312
Total Current Assets Annual Cr 22,24823,184
Total Assets Annual Cr 98,22396,496
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 157157
ROE Annual % 41
ROCE Annual % 31
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 31

The New India Assurance Company Technicals

EMA & SMA

Current Price
₹228.15
-8.55 (-3.61%)
pointer
  • 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

PIVOT
₹230.35
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 NameSep-23Jun-23Mar-23Dec-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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
SBI Long Term Equity Fund Regular Payout of Income Distribution cum capital wdrl 15,774
Nippon India ETF Nifty Midcap 150 1,014
Motilal Oswal Nifty Midcap 150 Index Fund Regular Growth 1,013
Nippon India Nifty Midcap 150 Index Fund Regular Growth 848
Motilal Oswal Nifty 500 Fund Regular Growth 548

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

Q2FY23