New India Assurance Company Ltd
NSE:NIACL
Intrinsic Value
The New India Assurance Co. Ltd. is a government owned general insurance company, which engages in the provision of insurance services. [ Read More ]
The intrinsic value of one NIACL stock under the Base Case scenario is 218.39 INR. Compared to the current market price of 226.05 INR, New India Assurance Company Ltd is Overvalued by 3%.
Valuation Backtest
New India Assurance Company Ltd
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Wall St
Price Targets
NIACL Price Targets Summary
New India Assurance Company Ltd
According to Wall Street analysts, the average 1-year price target for NIACL is 153 INR with a low forecast of 131.3 INR and a high forecast of 178.5 INR.
Shareholder Return
NIACL Price
New India Assurance Company Ltd
Average Annual Return | -6.95% |
Standard Deviation of Annual Returns | 13.64% |
Max Drawdown | -57% |
Market Capitalization | 372.5B INR |
Shares Outstanding | 1 648 000 000 |
Percentage of Shares Shorted |
N/A
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Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
The New India Assurance Co. Ltd. is a government owned general insurance company, which engages in the provision of insurance services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2017-11-13. The firm's insurance products include motor, health, travel, rural, marine and miscellaneous products. In India it has over 250 products. The firm operates in approximately 28 countries through direct branches, agency operations, subsidiary companies, representative office and associates. The company operates in countries, including Abu Dhabi, Aruba, Australia, Bahrain, Curacao, Dubai, Fiji, Hong Kong, Japan, Kuwait, Mauritius and New Zealand, among others. Its Indian operations span across all territories through approximately 2214 offices. The firm's subsidiaries include The New India Assurance Co. (T & T) Ltd., The New India Assurance Co. (S.L.) Ltd., and Prestige Assurance Plc.
Contact
IPO
Employees
Officers
The intrinsic value of one NIACL stock under the Base Case scenario is 218.39 INR.
Compared to the current market price of 226.05 INR, New India Assurance Company Ltd is Overvalued by 3%.