Company Profile

THE NEW INDIA ASSURANCE CO. LTD.

NSE : NIACLBSE : 540769ISIN CODE : INE470Y01017Industry : InsuranceHouse : PSU
BSE152.75-1.45 (-0.94 % )
PREV CLOSE (Rs.) 154.20
OPEN PRICE (Rs.) 155.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 25379
TODAY'S LOW / HIGH (Rs.)151.85 155.00
52 WK LOW / HIGH (Rs.)99.55 197
NSE152.50 -1.75 (-1.13 % )
PREV CLOSE(Rs.) 154.25
OPEN PRICE (Rs.) 154.55
BID PRICE (QTY) 152.50 (1410 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 306983
TODAY'S LOW / HIGH(Rs.) 151.85 155.15
52 WK LOW / HIGH (Rs.)99.8 197

Company News

Date Heading Details
12-Mar-2021 Cessation Of Mr. Anjan Dey As KMP Of The Company Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Anjan Dey, General Manager & Chief Underwriting Officer has been elevated as CMD of 'Oriental Insurance Company Limited' and hence is relieved from 'The New India Assurance Company Limited' w.e.f 12th March, 2021. He was also the KMP of the Company. You are requested to kindly take the same on record.
15-Feb-2021 New India Assurance Company informs about extract of unaudited financial results <p align="justify">With reference to letter dated 12.02.2021 whereby the Company had submitted the outcome of the Board Meeting held on 12th February, 2021; New India Assurance Company has informed that the Newspaper clipping of the extract of the unaudited financial results (Standalone/ CFS) of the Company for the Quarter ended 31st December, 2020 is enclosed. The said extracts are also available on Company's website at www.newindia.co.in.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
17-Aug-2020 New India Assurance Company reports 4% rise in Q1 consolidated net profit <p align="justify">New India Assurance Company has reported results for the first quarter ended June 30, 2020.<p align="justify">The company has reported a rise of 3.01% in its net profit at Rs 286.47 crore for the quarter under review as compared to Rs 278.11 crore for the same quarter in the previous year. Total income of the company increased by 3.52% at Rs 6,616.79 crore for Q1FY21 as compared Rs 6,392.10 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported a marginal rise of 3.96% in its net profit at Rs 302.62 crore for the quarter under review as compared to Rs 291.08 crore for the same quarter in the previous year. Total income of the company increased by 3.52% at Rs 6,663.89 crore for Q1FY21 as compared Rs 6437.47 crore for the corresponding quarter previous year.</p>
17-Aug-2020 New India Assurance Company gains on reporting 4% rise in Q1 consolidated net profit <p align="justify">The New India Assurance Co. is currently trading at Rs. 117.70, up by 1.55 points or 1.33% from its previous closing of Rs. 116.15 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 120.90 and has touched a high and low of Rs. 121.65 and Rs. 117.20 respectively. So far 56167 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. 179.05 on 31-Oct-2019 and a 52 week low of Rs. 75.00 on 24-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 121.65 and Rs. 115.10 respectively. The current market cap of the company is Rs. 19314.56 crore.<br></p><p align="justify">The promoters holding in the company stood at 85.44%, while Institutions and Non-Institutions held 13.41% and 1.16% respectively.</p><p align="justify">The company has reported a rise of 3.01% in its net profit at Rs 286.47 crore for the first quarter ended June 30, 2020 as compared to Rs 278.11 crore for the same quarter in the previous year. Total income of the company increased by 3.52% at Rs 6,616.79 crore for Q1FY21 as compared Rs 6,392.10 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported a marginal rise of 3.96% in its net profit at Rs 302.62 crore for the quarter under review as compared to Rs 291.08 crore for the same quarter in the previous year. Total income of the company increased by 3.52% at Rs 6,663.89 crore for Q1FY21 as compared Rs 6437.47 crore for the corresponding quarter previous year.<br></p>
10-Aug-2020 The New India Assurance Company informs about newspaper cuttings <P align=justify>With reference to its letter dated 07.08.2020, The New India Assurance Company has informed that Meeting of the Board of Directors of the company will be held on Friday, 14th of August, 2020 at the registered office of the Company through video-conferencing to consider and approve the unaudited Financial Results of the Company for the Quarter ended 30th June, 2020 and to transact any other matter which the board may deem fit. The Notice has also been published in the ‘Financial Express (English), Loksatta (Marathi) and Jansatta (Hindi)' on 08.08.2020 and the said notice is also available on Company's website at www.newindia.co.in. A copy of the aforesaid Newspaper cuttings is also enclosed for the reference.<P align=justify>The above information is a part of company's filings submitted to BSE.