New India Assurance Company Ltd is a leading public sector general insurance company in India, offering a wide range of insurance products to individuals, businesses, and industries. Established in 1919, it has a strong presence both domestically and internationally, with operations in several countries. The company specializes in motor, health, fire, marine, and travel insurance, among others, catering to diverse customer needs. New India Assurance Share Price on NSE as of 2 January 2025 is 204.60 INR. Here will provide you more details on New India Assurance Share Price Target 2025, 2026 to 2030.
New India Assurance Company Ltd: Market Overview
- Open: ₹206.80
- High: ₹207.75
- Low: ₹203.42
- Previous Close: ₹206.70
- Volume: 672,038
- Value (Lacs): ₹1,377.48
- VWAP: ₹205.49
- UC Limit: ₹248.04
- LC Limit: ₹165.36
- 52 Week High: ₹324.70
- 52 Week Low: ₹168.80
- Mkt Cap (Rs. Cr.): ₹33,779
- Face Value: ₹5
New India Assurance Share Price Chart
New India Assurance Share Price Target Tomorrow 2025 To 2030
| New India Assurance Share Price Target Years | Share Price Target |
| 2025 | ₹325 |
| 2026 | ₹375 |
| 2027 | ₹425 |
| 2028 | ₹475 |
| 2029 | ₹530 |
| 2030 | ₹560 |
New India Assurance Share Price Target 2025
New India Assurance share price target 2025 Expected target could be ₹325. Here are 4 Key Factors Affecting Growth for New India Assurance Share Price Target 2025:
- Increased Demand for Insurance Products: Growing awareness about the importance of insurance, especially in health, motor, and life sectors, can drive higher demand and boost the company’s revenue growth.
- Expansion into Emerging Markets: Strengthening its presence in untapped rural and international markets can help New India Assurance expand its customer base and diversify revenue streams.
- Regulatory and Policy Changes: The government’s support for the insurance sector, such as relaxed norms and incentives, can create a favorable environment for growth.
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Digital Transformation and Technology Adoption: Investing in digital tools for claims processing, customer service, and policy management can improve efficiency, customer satisfaction, and overall business performance.
New India Assurance Share Price Target 2030
New India Assurance share price target 2030 Expected target could be ₹560. Here are 4 Risks and Challenges for New India Assurance Share Price Target 2030:
- Increased Competition: The entry of new private insurers and the growing strength of established players could intensify competition, affecting market share and profitability.
- Regulatory Changes: Changes in insurance regulations, including policy pricing and claim settlement rules, could impact the company’s operations and profitability.
- Economic Volatility: Economic downturns or global financial crises could reduce demand for insurance products and affect the company’s investment portfolio, leading to financial strain.
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Risk of Claims and Losses: A surge in claims, especially due to natural disasters, health crises, or unforeseen events, can increase the company’s liabilities and negatively impact its financial stability.
New India Assurance Company Ltd Shareholding Pattern
- Promoters: 85.44%
- FII: 0.87%
- DII: 11.27%
- Public: 2.42%
New India Assurance Company Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 434.91B | 6.16% |
| Operating expense | 57.97B | 20.81% |
| Net income | 11.16B | 6.53% |
| Net profit margin | 2.57 | 0.39% |
| Earnings per share | 6.85 | 7.03% |
| EBITDA | 15.03B | -68.66% |
| Effective tax rate | 22.27% | — |
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