What is the Share Price of New India Assurance Company Ltd?

New India Assurance Company Ltd share price is ₹214.10 As on 21 December, 2024|17:20

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New India Assurance Company Ltd

New India Assurance Company Ltd Share Price

Q: What is the Market Cap of New India Assurance Company Ltd?

The Market Cap of New India Assurance Company Ltd is ₹29,013 As on 21 December, 2024|17:20

Q: What is PE Ratio of New India Assurance Company Ltd?

The P/E ratio of New India Assurance Company Ltd is 21.3 As on 21 December, 2024|17:20

Q: What is PB Ratio of New India Assurance Company Ltd?

The PB ratio of New India Assurance Company Ltd is 1.16 As on 21 December, 2024|17:20

₹ 214.10 +8.74 (4.26%)
Updated on 21-12-2024 6:56 AM

Stock Rating

Pros 2

Cons 5

New India Assurance Company Ltd Price Performance

Day's Low
₹205.6

Day's High
₹221.8

₹ 214.1

52-w low
₹168.8

52-w high
₹324.7

214.1

Day's open
₹205.7
Previous close
₹205.360001
VWAP
₹216.97
Lower price band
₹164.28
Upper price band
₹246.43

Today's Market Action

The last traded share price of New India Assurance Company Ltd was 214.10 up by 4.26% on the NSE. Its last traded stock price on BSE was 214.15 up by 4.18%. The total volume of shares on NSE and BSE combined was 15,083,215 shares. Its total combined turnover was Rs 327.25 crores.

New India Assurance Company Ltd Medium and Long Term Market Action

New India Assurance Company Ltd hit a 52-week high of 324.7 on 09-02-2024 and a 52-week low of 168.8 on 21-11-2024. The stock price of New India Assurance Company Ltd is up by 26% over the last one month. It is up by 0.28% over the last one year. Don't forget to check the full stock price history in the table below.

New India Assurance Company Ltd Fundamentals

Market Cap (Cr): 29013
Book Value (₹):
Stock P/E:
Revenue (Cr):
Total Debt (Cr):

Face Value (₹):
Roce (%):
ROE (%):
Earnings (Cr):
Promoter’s Holdings (%):

EPS (₹):
Debt to Equity:
Dividend Yield (%):
Cash (Cr):

New India Assurance Company Ltd Mutual fund holdings and trends

FUND NAME	Quantity	Monthly Change (Qty)

New India Assurance Company Ltd Shareholding Pattern

Similar Stocks

Company	Price	Market Cap (Cr)	P/E

About New India Assurance Company Ltd

Data not available.

New India Assurance Company Ltd FAQ's

What is Share Price of New India Assurance Company Ltd?

What is the Market Cap of New India Assurance Company Ltd?

What is PE Ratio of New India Assurance Company Ltd?

What is PB Ratio of New India Assurance Company Ltd?

What is the CAGR of New India Assurance Company Ltd?

How to Buy New India Assurance Company Ltd Share?

Financials

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

News

Review

Pros

Asset Light Business
The company operates a great asset light business with a high Asset turnover ratio of 86.45. A high asset turnover ratio is a great driver of RoE and can improve shareholder returns. A relatively higher asset turnover ratio also will result in lower dilution as the business grows its revenues as earnings.
Zero Debt
The company has almost nil to negligible debt to equity ratio of 0.00. Considering the fact that the business is debt free, equity shareholders shall carry lower risk of holding the stock.

Cons

Momentum Strength
The stock is currently exhibiting weak momentum, & is showing weak relative strength.
Low Sustainable RoE
The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
Low Return on Capital Employed
The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
Poor Cash Flow Conversion
The business has very poor cash conversion ratio of only -317.61% of operating earnings getting converted into operating cash flow. This implies that increase in profits has not translated into higher cash flows for the business and incrementally higher investments in working capital which works negatively for shareholders.
Low Pricing Power & High Competition
The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.

Valuation Analysis

Margin of safety
(21/12/2024)

103

Margin of Safety Index: High

100.00%

100.00% People are bullish about New India Assurance Company Ltd

0.00%

0.00 % People are bearish about New India Assurance Company Ltd

What is your opinion about this Stock?

Historical Data

Date	Open	High	Low	Close	Volume	Daily Change %