Company Profile

THE NEW INDIA ASSURANCE CO. LTD.

NSE : NIACLBSE : 540769ISIN CODE : INE470Y01017Industry : InsuranceHouse : PSU
BSE118.551.35 (+1.15 % )
PREV CLOSE (Rs.) 117.20
OPEN PRICE (Rs.) 118.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 14652
TODAY'S LOW / HIGH (Rs.)117.00 120.40
52 WK LOW / HIGH (Rs.)75 179.05
NSE118.50 1.25 (+1.07 % )
PREV CLOSE(Rs.) 117.25
OPEN PRICE (Rs.) 117.80
BID PRICE (QTY) 118.50 (1384 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 294858
TODAY'S LOW / HIGH(Rs.) 116.60 120.75
52 WK LOW / HIGH (Rs.)74.1 179.15

Company News

Date Heading Details
20-Mar-2020 Cancellation of Board Meeting Cancelled Board Meeting (Cancelled) The Board Meeting to be held on 27/03/2020 Stands Cancelled.
13-Mar-2020 Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements)Regulations,2015, we wish to inform you that Ms. Padmaja Chunduru, MD & CEO,Indian Bank, Chennai, has been appointed as Non- Executive, Independent Women Director on the Board of the Company vide Ministry order F. No. A-11011/ 1 /2015-Ins.II (copy enclosed) dated 12th March, 2020. Kindly take the same on record.
26-Feb-2020 The New India Assurance Company informs about analyst meeting <P align=justify>Disclosure under Regulation 30 read with para A of Schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, The New India Assurance Company has informed that the company has enclosed presentation for the analyst/ Institutional investor meeting held with senior management of the Company in Mumbai on February 26, 2020. <P align=justify>The above information is a part of company's filings submitted to BSE.
26-Nov-2019 The New India Assurance Company submits schedule of analyst meet <p>The New India Assurance Company has informed about disclosure under Regulation 30 read with Para A of Schedule lll and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the schedule of analyst/ institutional investor meeting with senior management of the Company to be held on November 26, 2019 in Mumbai.&nbsp;<p>The above information is a part of company's filings submitted to BSE.</p>
20-Nov-2019 The New India Assurance Company informs about schedule of analyst meeting <P align=justify>The New India Assurance Company has informed about disclosure under Regulation 30 read with para A of Schedule lll and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the schedule of analyst/ institutional investor meeting with senior management of the Company going to be held on November 20, 2019 in Mumbai.&nbsp;<P align=justify>The above information is a part of company's filings submitted to BSE.
14-Nov-2019 New India Assurance Company reports 55% rise in Q2 consolidated net profit <p align="justify">New India Assurance Company has reported results for second quarter ended September 30, 2019.</p><p align="justify">The company has reported a rise of 61.26% in its net profit at Rs 529.97 crore for the quarter under review as compared to Rs 328.64 crore for the same quarter in the previous year. Total income of the company increased by 12.14% at Rs 6,994.60 crore for Q2FY20 as compared Rs 6237.29 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported a rise of 54.58% in its net profit at Rs 536.44 crore for the quarter under review as compared to Rs 347.02 crore for the same quarter in the previous year. Total income of the company increased by 12.08% at Rs 7,031.76 crore for Q2FY20 as compared Rs 6274.06 crore for the corresponding quarter previous year.<br></p>
04-Oct-2019 New India Assurance Company signs deed of accession for Inter Creditor Agreement <p align="justify">New India Assurance Company has signed the deed of accession for entering into the Inter Creditor Agreements for the Company's exposure to the Debt instruments of Reliance Home Finance and Dewan Housing Finance.<br></p><p align="justify">The New India Assurance Company has become one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region. Industrial Insurance, liability insurance, commercial insurance, personal insurance these are the product of the company. <br></p>
04-Oct-2019 New India Assurance Company rises on signing deed of accession for Inter Creditor Agreement <p align="justify">New India Assurance Company is currently trading at Rs. 103.80, up by 0.15 points or 0.14% from its previous closing of Rs. 103.65 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 104.60 and has touched a high and low of Rs. 105.15 and Rs. 103.50 respectively. So far 2983 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 238.00 on 12-Nov-2018 and a 52 week low of Rs. 98.10 on 26-Sep-2019.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 115.00 and Rs. 100.00 respectively. The current market cap of the company is Rs. 17056.80 crore.<br></p><p align="justify">The promoters holding in the company stood at 85.44%, while Institutions and Non-Institutions held 13.63% and 0.94% respectively.<br></p><p align="justify">New India Assurance Company has signed the deed of accession for entering into the Inter Creditor Agreements for the Company's exposure to the Debt instruments of Reliance Home Finance and Dewan Housing Finance.</p><p align="justify">The New India Assurance Company has become one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region. Industrial Insurance, liability insurance, commercial insurance, personal insurance these are the product of the company.<br></p>