The New India Assurance Company Limited (NSE: NIACL)
Market Cap | 280.74B |
Revenue (ttm) | 435.80B |
Net Income (ttm) | 9.89B |
Shares Out | 1.65B |
EPS (ttm) | 5.99 |
PE Ratio | 28.42 |
Forward PE | 21.16 |
Dividend | 2.06 (1.21%) |
Ex-Dividend Date | Sep 6, 2024 |
Volume | 919,164 |
Average Volume | 911,482 |
Open | 175.20 |
Previous Close | 174.16 |
Day's Range | 167.50 - 178.59 |
52-Week Range | 167.50 - 324.70 |
Beta | 0.87 |
RSI | 34.98 |
Earnings Date | Feb 10, 2025 |
About NSE: NIACL
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. In addition, the company provides insurance for home a... [Read more]
Financial Performance
In 2023, NIACL's revenue was 434.91 billion, an increase of 6.16% compared to the previous year's 409.68 billion. Earnings were 11.16 billion, an increase of 6.53%.
Financial StatementsNews
New India Assurance Q3 FY25 Results: Net premium rises to Rs 8,992 crore, underwriting loss narrows
New India Assurance has reported its financial results for the third quarter of FY25, showcasing a mixed performance. The company recorded a net premium of ₹8,992 crore, reflecting a growth compared t...
Top Gainers Stocks Update: Adani Power up 2.87%, Inventurus Knowledge 7% up, New India Assurance up 3% and more
The Indian stock market witnessed notable gains in several large and mid-cap stocks as of December 26, 2024. Here are the top-performing stocks across different market segments: Large Cap Top Gainers ...
NIACL shares drop over 6% as GST Council defers decision on premium tax relief
Shares of New India Assurance Company Limited (NIACL) fell by over 6% on December 23, trading at ₹201.26, following the GST Council’s decision to defer discussions on granting tax relief for health an...
New India logs lowest claim rejections: Study
New India Assurance boasts the lowest claim rejection rate at 0.2%, outperforming all other insurers in India, according to a recent report. The public sector giant also leads in minimal rejections fo...
New India shares surge nearly 4% after I-T refund of Rs 1,945.08 crore for AY13-20
Shares of New India Assurance Company Ltd rose by nearly 4% on Monday following the announcement of a favorable ruling by the Income Tax Department, which grants the company a substantial tax refund. ...
Q2 2025 New India Assurance Company Ltd Earnings Call Transcript
Q2 2025 New India Assurance Company Ltd Earnings Call Transcript
NBCC (India) secures major work orders worth Rs 448.74 crore
NBCC (India) Limited has recently informed exchanges that the company bagged three new work orders for INR 448.74 crore. These include GAIL’s interior fit-out, New India Assurance’s demolition and con...
Insurance firm ex-exec convicted of corruption
Anand Mittal, a former deputy general manager at New India Assurance, has been convicted of corruption and breach of trust for illegally receiving over Rs 1.6 crore from the company. The verdict comes...
New India Assurance Q2 FY25 results: Revenue up 2.5% YoY to Rs 10,090 crore, PAT turns profitable to Rs 71 crore vs a loss of Rs 200 crore
The New India Assurance Company Limited reported its Q2 FY25 financial results, showcasing steady growth in revenue. Here are the key highlights: Key Financials Revenue from operations reached ₹10,090...
NIACL shares surge over 4% on opening as GST Council considers tax relief for health insurance
As of 9:18 AM today, the stock of New India Assurance Company Limited (NIACL) is trading at ₹254.40, reflecting an increase of ₹4.80 or 1.92% from the previous close. The stock opened at ₹255.00, reac...
Stocks to Watch: Star Health, ICICI Lombard, NIACL in focus as GST Council considers reducing tax rates on health insurance
Stocks of Star Health, ICICI Lombard, and New India Assurance Company Limited (NIACL) are expected to be in focus today as the Goods and Services Tax (GST) Council meets to discuss potential reduction...
Mumbai Ganeshotsav: GSB Ganesh mandal gets insurance worth Rs 400 crore, Lalbaugcha Raja Rs 33 crore
GSB Seva Mandal at King's Circle, Mumbai, secured a record insurance cover of Rs 400.58 crore for its five-day Ganesh festival from September 7-11. The cover included Rs 325 crore for personal acciden...