The New India Assurance Company Limited (NIACL)

Price138.20 -0.80 (-0.58%)52 Week High150.80
ISININE470Y0101752 Week Low82.50
IndustryMulti-Line InsuranceVolume1.4 M
SectorFinanceP/E Ratio TTM19.39
Market Cap228.7 B1 Year Beta1.27
Technical Rating of

The New India Assurance Company Limited (NIACL) logo

The New India Assurance Company Limited (NIACL) is an Indian general insurance company headquartered in Mumbai, Maharashtra. The company was founded in 1919 and is one of the largest general insurance companies in India.

NIACL offers a wide range of general insurance products, including property insurance, motor insurance, health insurance, and travel insurance. The company’s products and services are designed to meet the needs of a variety of customers, including individuals, businesses, and government entities.

NIACL is a good investment for investors looking for exposure to the Indian insurance sector. The company has a strong track record of performance, a well-diversified portfolio, and a good management team.

Here are some of the key factors that make NIACL a good investment:

  • Strong track record of performance: NIACL has a long history of performance. The company has been profitable for the past 10 years and has grown its revenue and earnings at a compound annual growth rate (CAGR) of 15%.
  • Well-diversified portfolio: NIACL has a well-diversified portfolio of assets. This helps to mitigate risk and maximize returns.
  • Good management team: NIACL has a good management team with a proven track record of success. The team is led by CEO Ravi Kumar Suri, who has over 30 years of experience in the insurance industry.

However, there are also some risks associated with investing in NIACL:

  • Volatility of the Indian economy: The Indian economy is volatile and can be unpredictable. This can impact NIACL’s performance.
  • Competition: The insurance sector is competitive. NIACL faces competition from both domestic and international insurance companies.
  • Changes in government policy: The Indian government is constantly changing regulations related to the insurance sector. This can impact NIACL’s operations.
  • Regulatory changes: The insurance sector is heavily regulated. NIACL needs to comply with all applicable regulations in order to avoid fines and penalties.

Overall, NIACL is a good investment for investors looking for exposure to the Indian insurance sector. However, investors should carefully consider the risks before investing in NIACL.

In addition to the above, here are some other things to consider when investing in NIACL:

  • The company’s financial performance: NIACL has been profitable for the past 10 years and has a strong balance sheet. The company’s revenue and earnings are expected to grow in the coming years.
  • The company’s competitive position: NIACL is a leading player in the Indian insurance sector. The company has a strong brand and a wide range of products and services.
  • The company’s growth opportunities: NIACL is expanding its product offerings and its international operations. The company is also looking to expand into new markets, such as the health insurance space.
          

The New India Assurance Company Limited (NIACL) Chart

Technical Analysis of The New India Assurance Company Limited (NIACL)

Moving Averages

PeriodSimpleExponential
MA 5141.73139.30
MA 10136.24137.48
MA 20133.83134.57
MA 30131.47132.40
MA 50127.59129.10
MA 100123.00123.57
MA 200116.92117.87

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)85.71Aroon Down (14)57.14
MACD Level (12, 26)3.60MACD Signal (12, 26)3.04
Relative Strength Index (7)54.59Relative Strength Index (14)57.70
Stochastic %D (14 3 3)70.92Stochastic %K (14 3 3)63.12
Stochastic RSI Fast (3, 3, 14, 14)72.22Stochastic RSI Slow (3, 3, 14, 14)86.37
Bollinger Upper Band (20)144.51Bollinger Lower Band (20)123.16
Keltner Channels Upper Band (20)147.48Keltner Channels Lower Band (20)121.67
Donchian Channels Upper Band (20)150.80Donchian Channels Lower Band (20)123.55
Ichimoku Conversion Line (9, 26, 52, 26)137.18Ichimoku Base Line (9, 26, 52, 26)136.70
Ichimoku Leading Span A (9, 26, 52, 26)125.33Ichimoku Leading Span B (9, 26, 52, 26)122.83
Positive Directional Indicator (14)32.41Negative Directional Indicator (14)15.46
Volume Weighted Average Price138.50Volume Weighted Moving Average 20138.96

Oscillator Rating

Oscillators

Awesome Oscillator10.93
Ultimate Oscillator (7,14,28)47.56
Money Flow (14)83.42
Chaikin Money Flow (20)-0.03
Commodity Channel Index (20)67.66
Bull Bear Power4.31

High / Low

1 Month150.80123.55
3 Month150.80114.05
6 Month150.8094.60
52 Week150.8082.50
All Time382.4274.10

Volume

Volume1.4 M
Average 10 D3.3 M
Average 30 D2 M
Average 60 D1.5 M
Average 90 D1.3 M

Change/Volatility

Change-0.80 (-0.58%)
Change 1W-5.00 (-3.49%)
Change 1M9.05 (7.01%)
Volatility3.30
Volatility W5.10

Performance

Yesterday9.25
Weekly1.62
Monthly4.70
3 Month17.07
6 Month34.57
Yearly57.94
5 Year-43.59
All Time-63.15

Misc.

Average Day Range (14)6.47
Average Directional Index (14)38.31
Average True Range (14)5.96
Williams Percent Range (14)-46.24
Rate Of Change (9)4.14
Hull Moving Average (9)144.12
Momentum (10)3.55
Parabolic SAR126.60

PIVOT POINTS of The New India Assurance Company Limited (NIACL)

NameS3S2S1Pivot PointsR1R2R3
Classic98.78113.78121.47128.78136.47143.78158.78
Fibonacci113.78119.51123.05128.78134.51138.05143.78
Camarilla125.02126.40127.77128.78130.52131.90133.27
Woodie's107.20114.15122.20129.15137.20144.15152.20
DeMark's - - 125.12130.61140.13 - -

Financial Analysis of The New India Assurance Company Limited (NIACL)

Income Statement

Basic EPS (FY)6.36
Basic EPS (TTM)7.13
EPS Diluted (Annual YoY Growth)438.64
EPS Diluted (FY)6.36
EPS Diluted (Quarterly QoQ Growth)106.34
EPS Diluted (Quarterly YoY Growth)94.40
EPS Diluted (TTM)7.13
EPS Diluted (TTM YoY Growth)410.02
Free Cash Flow (Annual YoY Growth)-44.37
Free Cash Flow Margin (FY)-14.69
Last Year Revenue (FY)409.7 B
Revenue (Annual YoY Growth)14.32
Revenue per Employee (FY)30.4 M
Revenue (Quarterly QoQ Growth)-3.16
Revenue (Quarterly YoY Growth)15.15
Revenue (TTM YoY Growth)16.36
Net Income (Annual YoY Growth)438.62
Net Income (FY)10.5 B
Net Income (Quarterly QoQ Growth)106.34
Net Income (Quarterly YoY Growth)94.39
Net Income (TTM YoY Growth)410.01
Total Revenue (FY)409.7 B

Valuation

Enterprise Value (MRQ)193.2 B
Number of Employees13,459.00
Number of Shareholders129,883.00
Shares Float240 M
Price to Book (FY)0.58
Price to Book (MRQ)0.54
Price to Earnings Ratio (TTM)19.39
Price to Revenue Ratio (TTM)0.54
Price to Sales (FY)0.56
Total Shares Outstanding1.6 B

Balance Sheet

Current Ratio (MRQ)0.29
Net Debt (MRQ)-118,785,000,000.00
Total Assets (Annual YoY Growth)1.79
Total Assets (MRQ)1 T
Total Assets (Quarterly QoQ Growth)3.71
Total Current Assets (MRQ)118.8 B
Total Liabilities (FY)588.7 B
Total Liabilities (MRQ)593 B
Cash & Equivalents (FY)44.9 B
Cash & Equivalents (MRQ)118.8 B

Operating Metrics

Dividends

Dividend Yield Forward1.39
Dividends per share (Annual YoY Growth)543.33
Dividends per Share (FY)1.93

Margins

Net Margin (FY)2.56
Net Margin (TTM)2.78
Operating Margin (FY)3.36
Operating Margin (TTM)3.42
Pretax Margin (TTM)3.34

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