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The New India Assurance Company Ltd117.55 -0.65 (-0.55%)

  • BSE: 533098
  • |
  • NSE: NIACL
  • |
  • ISIN NO: INE470Y01017
  • |
  • INDUSTRY: General Insurance
Profile

NIACL

NIACL

In 1919, the company was being incorporated at Mumbai. It also transacts all classes of the insurance business. In 1920, it started to commence the operations overseas via the network of 16 branches, 12 agencies, three associates companies, and one wholly-owned subsidiary. Also, the New India Assurance Co. (Sierra Leone), Ltd., is a wholly-owned subsidiary of the company.

Some of the Milestones:

  • 1958: About ... 2, 37,369 Bonus `A' equity shares were issued in the proportion 1:3.
  • 1963: About 1, 89,895 Bonus `A' equity shares were issued in the proportion of 1:5 (equity and or `A' equity).
  • 1966: Also, the authorized capital was reclassified. About 3, 79,790 bonus `A' equity shares were issued in the proportion 1:3. (Equity and or equity).
  • 1969: About 455,748 bonus equity shares were issued in the proportion of 3:10.
  • 1973: It also became a Government company and a subsidiary of the General Insurance Corporation of India.
  • 1974: Soon, the capital increased under the New India Assurance Co. Ltd. (Merger) Scheme, 1973.
  • 1976: About 77, 01,268 Bonus equity shares were issued in prop. 1:1.
  • 1977: The GIC and its four subsidiaries and the LIC also joined hands with local interest in Malaysia to form a new insurance company in Malaysia named as, "The United Oriental Assurance Sendirian Behand."
  • 1979: About 65, 97,564 bonus equity shares were issued in prop. 1:2.
  • 1982: About 1, 50, 00,000 Bonus equity shares were issued in proportion 2:5.
  • 1991: About 2, 82, 00,000 Bonus equity shares were issued in prop. 2.722:5.
  • 2001:
  • Also, K N Bhandari took charge as chairman-cum-managing director of New India Assurance Company since 5th March.
  • NIA or New India Assurance, which is the largest domestic non-life company independently, has effected five promotions to the post of general managers and also 11 promotions to the post of assistant general managers in the company for 2000-2001.
  • 2004:
  • Also, the New India Assurance offers healthcare sops to Andhra Bank cardholders.
  • It tied up with major global Atradius.
  • Also, State Bank of India, Bangalore Circle, announced its tie-up with New India Assurance Company Ltd (or NIAC), for the distribution of NIAC's general insurance products in Karnataka.
  • It tied up with the Central Bank of India for the distribution of non-life insurance covers.
  • Both Toyota Kirloskar Motor Company and New India Assurance announced a near cashless insurance service and point of sale insurance for all the Toyota vehicles.
  • Also, New India, AMP Sanmar joined hands for cross-selling products.
  • The Corporation Bank joined hands with the New India Assurance, and launched a mediclaim scheme with a cashless facility for the bank's ATM and debit cardholders, known as "Corp Mediclaim."
  • 2005: Also, New India Assurance, which is a part of a bancassurance tie-up with United Western Bank (or UWB), launched a bank-specific floater group mediclaim policy known as the New Uniwest Mediclaim policy. Also, the product would be available to the family unit, which is a maximum of four members constituting self, spouse, and two dependent children.

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Key Data
  • Market cap 17502.00 CR.
  • Book value 126.44
  • Stock P/E 14
  • Dividend Yield 1.41%
  • ROCE 8.91%
  • ROE 7.71%
  • Sales Growth (3Y) 16.27%
  • Face Value (3Y) 5.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 108.07 111.27 114.47 116.13 117.67 119.33 120.87 124.07 127.27
woodie's 109.36 112.56 114.28 115.75 117.48 118.95 120.68 122.15 125.35
fibonacci - 114.47 115.69 116.44 117.67 118.89 119.64 120.87 -
camarilla 116.04 116.92 117.21 117.51 -- 118.09 118.39 118.68 119.56
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 104.70
120.00
115.11 6.97 % 1.48 %
20 DAY 99.80
120.00
108.66 15.54 % 5.01 %
50 DAY 99.80
120.00
105.97 13.49 % 10.14 %
100 DAY 99.80
125.80
110.45 0.64 % 13.98 %
200 DAY 74.10
156.00
113.08 0.13 % 40.86 %
YTD 74.10
172.00
118.14 -12.15 % 6.75 %
52 Week 74.10
179.15
122.99 -21.23 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Down On 2018-06-27
329.95 ~ 650.00 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by -54.44 %

In Last 5 Year the industry has grown by 0.21 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
NIACL 13354.00 15215.00 20234.00 19798.00 21524.00
GICRE 13616.00 13595.00 15338.00 26776.00 38198.00 38250.00
Total 13474.50 15276.50 23505.00 28998.00 29887.00 13616.00

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 ICICI Lombard General Insurance Company Ltd 66364.11 1455.75 128.76
2 General Insurance Corporation of India 24760.88 141.05 121.82 15.72 16.23 3.14 38250.00 2758.00 7.21% 0.14%
3 The New India Assurance Company Ltd 19300.83 117.45 101.06 3.67 38.87 0.73 21524.00 605.00 2.81% 8.72%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • -1.22
    Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • -9.05
    Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
2019-07-18 1.50
2018-06-27 5.00
2017-11-29 3.75
Bonus Data
Company Name Split Date From Value To Value
The New India Assurance Company Ltd 2018-06-27 1.00 1.00
Split Data
Company Name Split Date From Value To Value