Canara Hsbc Life Insurance Company Ltd vs New India Assurance Company Ltd Stock Comparison

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Last Updated on: Jul 29, 2026

Key Highlights

The Latest Trading Price of Canara HSBC Life Insurance Company Ltd is ₹ 146.85 as of 29 Jul 16:01 . The P/E Ratio of Canara HSBC Life Insurance Company Ltd changed from 0 on March 2021 to 0 on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe P/E Ratio of New India Assurance Company Ltd changed from 15.5 on March 2021 to 13.8 on March 2026 . This represents a CAGR of -1.92% over 6 years The Market Cap of Canara HSBC Life Insurance Company Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Market Cap of New India Assurance Company Ltd changed from ₹ 25436 crore on March 2021 to ₹ 19421 crore on March 2026 . This represents a CAGR of -4.40% over 6 years The revenue of Canara HSBC Life Insurance Company Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of New India Assurance Company Ltd for the Jun '26 is ₹ 11926 crore as compare to the Mar '26 revenue of ₹ 12970 crore. This represent the decline of -8.05% The ebitda of Canara HSBC Life Insurance Company Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of New India Assurance Company Ltd for the Jun '26 is ₹ -178 crore as compare to the Mar '26 ebitda of ₹ 446.13 crore. This represent the decline of -140% The net profit of Canara HSBC Life Insurance Company Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0% The net profit of New India Assurance Company Ltd changed from ₹ 232.8 crore to ₹ -243 crore over 9 quarters. This represents a CAGR of NaN% The Dividend Payout of Canara HSBC Life Insurance Company Ltd changed from 278.32 % on March 2022 to 30.01 % on March 2026 . This represents a CAGR of -35.95% over 5 yearsThe Dividend Payout of New India Assurance Company Ltd changed from 30.1 % on March 2022 to 17.87 % on March 2026 . This represents a CAGR of -9.90% over 5 years .

About Canara HSBC Life Insurance Company Ltd

Canara HSBC Life Insurance Company Limited, a joint venture between Canara Bank (51%), HSBC Insurance (Asia-Pacific) Holdings Limited (26%) and Oriental Bank of Commerce (23%) was incorporated on September 25, 2007 as Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited', a Public Limited Company and received a Certificate of Commencement of Business dated January 28, 2008 from the Assistant Registrar of Companies, Karnataka.
The name of the Company was changed to Canara HSBC Life Insurance Company Limited' after Oriental Bank of Commerce ceased to be in existence pursuant to the Scheme of Amalgamation of Oriental Bank of Commerce with PNB, which became effective from April 1, 2020 and a fresh Certificate of Incorporation, consequent upon change of name, was issued to the Company by the RoC on June 15, 2022.

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 28 States and 8 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 in Mumbai, Maharashtra, India.

FAQs for the comparison of Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd

Which company has a larger market capitalization, Canara HSBC Life Insurance Company Ltd or New India Assurance Company Ltd?

Market cap of Canara HSBC Life Insurance Company Ltd is 13,442 Cr while Market cap of New India Assurance Company Ltd is 26,804 Cr

What are the key factors driving the stock performance of Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd?

The stock performance of Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd?

As of July 29, 2026, the Canara HSBC Life Insurance Company Ltd stock price is INR ₹141.5. On the other hand, New India Assurance Company Ltd stock price is INR ₹162.65.

How do dividend payouts of Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd compare?

To compare the dividend payouts of Canara HSBC Life Insurance Company Ltd and New India Assurance Company Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

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.