The New India Assurance Company Share Price
Start SIP in The New India Assurance Company
Start SIPThe New India Assurance Company Performance
Day Range
- Low 239
- High 243
52 Week Range
- Low 130
- High 325
- Open Price242
- Previous Close241
- Volume428265
The New India Assurance Company Investment Rating
-
Master Rating:
-
The New India Assurance Co has an operating revenue of Rs. 44,036.34 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 3% needs improvement, ROE of 5% is fair but needs improvement. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 22% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 43 which is a POOR score indicating inconsistency in earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 106 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 has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 8,503 | 8,957 | 8,946 | 10,517 | 9,274 | 7,893 |
| Operating Expenses Qtr Cr | 10,072 | 11,041 | 10,446 | 10,737 | 8,932 | 10,034 |
| Operating Profit Qtr Cr | 253 | 486 | 869 | -260 | 311 | 118 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 39 | 166 | 154 | -54 | 51 | 5 |
| Net Profit Qtr Cr | 217 | 354 | 715 | -200 | 260 | 155 |
The New India Assurance Company Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 1
- Bearish Moving Average
- ___
- 15
- 20 Day
- ₹252.88
- 50 Day
- ₹255.87
- 100 Day
- ₹250.79
- 200 Day
- ₹232.80
- 20 Day
- ₹257.91
- 50 Day
- ₹263.87
- 100 Day
- ₹249.80
- 200 Day
- ₹244.33
The New India Assurance Company Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 242.45 |
| Second Resistance | 244.75 |
| Third Resistance | 246.70 |
| RSI | 40.14 |
| MFI | 48.71 |
| MACD Single Line | -3.16 |
| MACD | -5.41 |
| Support | |
|---|---|
| First Support | 238.20 |
| Second Support | 236.25 |
| Third Supoort | 233.95 |
The New India Assurance Company Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 479,089 | 21,827,295 | 45.56 |
| Week | 865,474 | 31,910,026 | 36.87 |
| 1 Month | 1,931,465 | 57,982,582 | 30.02 |
| 6 Month | 3,077,136 | 85,205,908 | 27.69 |
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 | 39,700 |
| Sales | 43,860 |
| Shares in Float | 24.72 |
| No of funds | 83 |
| Yield | 0.86 |
| Book Value | 1.05 |
| U/D Vol ratio | 2.2 |
| LTDebt / Equity | |
| Alpha | 0.02 |
| Beta | 2.14 |
The New India Assurance Company Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 85.44% | 85.44% | 85.44% | 85.44% |
| Mutual Funds | 0.04% | 0.05% | 0.04% | 0.26% |
| Insurance Companies | 10.82% | 10.81% | 10.79% | 10.79% |
| Foreign Portfolio Investors | 0.8% | 0.81% | 0.77% | 0.69% |
| Financial Institutions/ Banks | 0.88% | 0.88% | ||
| Individual Investors | 1.72% | 1.52% | 1.33% | 1.45% |
| Others | 1.18% | 1.37% | 0.75% | 0.49% |
The New India Assurance Company Management
| Name | Designation |
|---|---|
| Ms. Girija Subramanian | Chairman & Managing Director |
| Mr. Titus Francis Maliakkel | Executive Director |
| Ms. Smita Srivastava | Executive Director |
| Ms. Mandakini Balodhi | Nominee Director |
| Mr. Ratan Kumar Das | Ind. Non-Executive Director |
| Ms. Akani Devi | Ind. Non-Executive Director |
| Mr. Surender Kumar Agarwal | Ind. Non-Executive Director |
The New India Assurance Company Forecast
Price Estimates
The New India Assurance Company Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-08 | Quarterly Results | |
| 2024-05-22 | Audited Results & Final Dividend | |
| 2024-02-09 | Quarterly Results | |
| 2023-11-08 | Quarterly Results | |
| 2023-08-11 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-09-06 | FINAL | Rs.2.06 per share(41.2%)Final Dividend |
| 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 ₹240 As on 18 September, 2024 | 02:26
What is the Market Cap of The New India Assurance Company ?
The Market Cap of The New India Assurance Company is ₹39576.7 Cr As on 18 September, 2024 | 02:26
What is the P/E ratio of The New India Assurance Company ?
The P/E ratio of The New India Assurance Company is 36.1 As on 18 September, 2024 | 02:26
What is the PB ratio of The New India Assurance Company ?
The PB ratio of The New India Assurance Company is 1.8 As on 18 September, 2024 | 02:26