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Market Capitalization of New India Assurance Company Ltd

Market Capitalization of New India Assurance Company Ltd

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

25.3 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 22, 2024

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New India Assurance Company Ltd

NSE: NIACL

Market Cap

₹ 28098.4 crore

Last updated on: Nov 21, 2024

Key Highlights

  • The Market Cap of New India Assurance Company Ltd is ₹ 28098 crore as of 21 Nov 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 ₹ 174.55 as of 22 Nov 13:21 .
  • 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

₹ 174.55

4.05 (2.38%)

stock direction

Last updated on: Nov 22, 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
21 Nov 2024170.5
19 Nov 2024175.95
18 Nov 2024175.4
14 Nov 2024176.1
13 Nov 2024174.45
12 Nov 2024180.9
11 Nov 2024184.75
08 Nov 2024185.5
07 Nov 2024193.05
06 Nov 2024194.15

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

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Profitability

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Liquidity

Dividend

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

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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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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 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 202418:22

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 202410:23

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 202414:51

News

New India Assurance slides as Q1 PAT slips 12% YoY

Total income rose 5.71% year on year (YoY) to Rs 9,865.29 crore in the quarter ended 30 Ju...

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09 Aug 202413:32

News

New India Assurance Company to conduct board meeting

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

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01 Aug 202413:39

News

Volumes soar at New India Assurance Company Ltd counter

Home First Finance Company India Ltd, General Insurance Corporation of India, Mankind Phar...

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26 Jul 202414:30

Product Composition

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for New India Assurance Company Ltd Market Cap

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

As of November 22, 2024, New India Assurance Company Ltd has a market capitalization of ₹28098.4, 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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