The New India Assurance Company Limited, together with its subsidiaries, engages in the general insurance industry in India and internationally. The company offers motor, health, travel, rural, credit, engineering, aviation, personal accident, liability, marine hull, fire, marine cargo, and miscellaneous insurances, as well as rural micro products, such as cattle, sheep, goat, pig, and agriculture pumpset Sukshma Bima policies. It also provides reinsurance, bancassurance, state insurance plan, and parametric insurances. The New India Assurance Company Limited was incorporated in 1919 and is headquartered in Mumbai, India.
Research context
The New India Assurance Company Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Financial Services
- Industry
- Insurance - Diversified
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
The New India Assurance Company Limited is currently in a long term uptrend where the price is trading 20.5% above its 200 day moving average.
From a valuation standpoint, the stock is 97.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.8.
The New India Assurance Company Limited's total revenue rose by 1.8% to $86B since the same quarter in the previous year.
Its net income has increased by 7.7% to $5B since the same quarter in the previous year.
Finally, its free cash flow grew by 310.7% to $17B since the same quarter in the previous year.
Based on the above factors, The New India Assurance Company Limited gets an overall score of 5/5.