NI

New India Assurance Company LtdNSE NIACL Stock Report

Last reporting period 31 Mar, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

7.13

Middle

Exchange

XNSE - National Stock Exchange Of India

NIACL.NS Stock Analysis

NI

Uncovered

New India Assurance Company Ltd is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-28.7 %

Overvalued

Market cap $B

7.13

Dividend yield

1.51 %

Shares outstanding

1 648 B

The New India Assurance Co. Ltd. is a government owned general insurance company, which engages in the provision of insurance services. The company is headquartered in Mumbai, Maharashtra and currently employs 12,813 full-time employees. The company went IPO on 2017-11-13. Its insurance products include Fire, Marine, Motor, Health, Liability, Aviation, Engineering, Crop, Other Miscellaneous, and others. Its Fire insurance products include Bharat Sookshma Udyam Suraksha, Business Interruption, Fire Floater, Fire Floater Declaration, Fire Large Risk, Industrial All Risk, New India Bharat Griha Raksha, New India Bharat Laghu Udyam Suraksha, and Petrochemical. Its Marine insurance products include Port Package Policy, Sellers Interest Insurance, Ship Breaking Insurance, Specific Voyage, Tea Crop Insurance, Voyage Insurance, and others. Its Indian operations span across all territories through about 2214 offices. The company has a presence in approximately 25 countries, including a presence in two countries with Associates. Its subsidiaries include The New India Assurance Co. (T & T) Ltd., The New India Assurance Co. (S.L.) Ltd., and Prestige Assurance Plc.

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