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Market Capitalization of New India Assurance Company Ltd

Market Capitalization of New India Assurance Company Ltd

stocks purchased

₹ 13.8 Cr

Volume Transacted

(Dec 20, 2024)

stocks purchased

646.4 K

Stocks Traded

(Dec 20, 2024)

Last Updated on: Dec 22, 2024

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New India Assurance Company Ltd

NSE: NIACL

Market Cap

₹ 35291.92 crore

Last updated on: Dec 20, 2024

Key Highlights

  • The Market Cap of New India Assurance Company Ltd is ₹ 35291 crore as of 20 Dec 24 .
  • The Market Cap of New India Assurance Company Ltd changed from ₹ 31435 crore on March 2019 to ₹ 37500 crore on March 2024 . This represents a CAGR of 2.98% over 6 years.
  • The Latest Trading Price of New India Assurance Company Ltd is ₹ 214.15 as of 20 Dec 15:30 .
  • The Dividend Payouts of New India Assurance Company Ltd changed from ₹ 3.75 on Nov 29, 2017 to ₹ 2.06 on Sep 06, 2024 . This represents a CAGR of -9.50% over 6 years.

Historical Market Cap of New India Assurance Company Ltd

No data available

* All values are in crore

Company Fundamentals for New India Assurance Company Ltd

No data available

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New India Assurance Company Ltd

NSE: NIACL

Share Price

₹ 214.15

8.60 (4.18%)

stock direction

Last updated on: Dec 20, 2024

Market Price of New India Assurance Company Ltd

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Monitoring New India Assurance Company Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
20 Dec 2024214.15
19 Dec 2024205.55
18 Dec 2024207.35
17 Dec 2024207.75
16 Dec 2024213.45
13 Dec 2024202.25
12 Dec 2024206.15
11 Dec 2024210.15
10 Dec 2024207.15
09 Dec 2024208.3

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for New India Assurance Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of New India Assurance Company Ltd

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No data available

Historical P/E Ratio of New India Assurance Company Ltd

No data available

* All values are in %

Historical Revenue of New India Assurance Company Ltd

No data available

* All values are in crore

Historical EBITDA of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Net Profit of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Dividend Payouts of New India Assurance Company Ltd

No data available

* All values are in

About New India Assurance Company Ltd

  • The New India Assurance Company Limited is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches.
  • The Company's operations are spread across 29 States and seven Union Territories in India and across 26 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd's, London.
  • The Company's insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products.
  • The Company is registered with IRDAI for carrying out the business of general insurance. The New India Assurance Company Limited was incorporated as a Limited Company on July 23, 1919 at Mumbai, Maharashtra, India.

New India Assurance Company Ltd News Hub

News

New India Assurance Company receives ratings action from AM BEST

AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) and has...

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13 Dec 2024 12:12

News

New India Assurance Co to invest Rs 5 cr in Bima Sugam

The New India Assurance Co at its meeting held today i.e Wednesday, 11 December, 2024 has ...

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11 Dec 2024 18:42

News

New India Assurance spurts on Rs 1,945-cr IT refund order

'Income Tax Department has passed various orders (giving effect to the Commissioner of Inc...

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26 Nov 2024 12:20

News

New India Assurance rises on reporting turnaround Q2 numbers

However, total income increased 2.51% year on year (YoY) to Rs 10,134.53 crore in second q...

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01 Nov 2024 18:22

News

New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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19 Oct 2024 10:23

News

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company...

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05 Sep 2024 14:51

Product Composition

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for New India Assurance Company Ltd Market Cap

What is the market cap of New India Assurance Company Ltd?

As of December 22, 2024, New India Assurance Company Ltd has a market capitalization of ₹35291.92, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence New India Assurance Company Ltd's market capitalization?

New India Assurance Company Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of New India Assurance Company Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does New India Assurance Company Ltd's market capitalization change?

New India Assurance Company Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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