1. The New India Assurance Co Ltd (NIACL) is an Indian premier multinational insurance company.
2. The New India Assurance Co Ltd (NIACL) is a 5 rupee face value company with an international presence in 28 countries.
NIACL RESEARCH REPORT
3. NIACL official website address:- https://www.newindia.co.in/portal/
4. The New India Assurance Co Ltd (NIACL) was founded by Sir Dorabji Tata in 1919, in 1973 this company is nationalized, and currently the government of India owns this company as PSU. The company's global business crossed Rs. 33046.41 crores in March 2022.
5. NIACL has been the market leader in India in the non-life business for more than 50 years.
6. NIACL rated B++ Stable, FSR Rating and bbb+ Stable ICR Outlook by AM BEST Company. The company has been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honor its Policyholder's obligations.
7. NIACL Indian operations span across all territories through 2214 offices, company has 15249 employees and 1,02,804 agents as on 31st March 2021, the company has over 250 products.
8. Year high of NIACL is 178.40 and the Year low is 78.15, Year high/low ratio is not stable below 2 but here we buy it with the STP method so during our STP method buying it will be stable below 2.
9. Net sale per share of NIACL is 175.40 so in net sale per share term this stock is a value buy, if you are not read my research terms earlier then read these research terms here:- Research Terms of Mahesh Kaushik
10. Do not underestimate the power of net sale per share watch this 1-minute short video to understand how net sale per share recommendations give multi-bagger returns in the long run:-https://www.youtube.com/shorts/qWbJZNlzLCM
11. Book value of NIACL is 115.61 and CMP is 80.25 so in book value terms this is a value buy. But do not run for a quick lump sum buy please use the STP method for more than a 25% return target.
12. Base price ( 3 Years average price) of The New India Assurance Co Ltd is 131.54 So CMP 79.95 is 39.22 % below from base price, I knew in my book ( How to make profit in share market old name The winning theory in stock market both books are same) I recommended to buy a share when it crosses his base price but here we do not worry because we use STP method for buying.
13. For download 3-year price data, base price, and graph;- Click here
14. NIACL declares 0.30 rupees par share dividend, record date not declared yet.
15. See the latest financial results here:-https://www.bseindia.com/stock-share-price/the-new-india-assurance-company-ltd/niacl/540769/financials-results-special/
16. I recommended buying it with my STP method and the STP price for 1 July 2022 to 15 July 2022 is 84.75, In the STP method buy our target is 25% plus.
13. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA
(Watch this video for automated STP price google sheet:-(https://www.youtube.com/watch?v=dpow44oGVY4)
14. Link of my Earlier STP recommendations:-
https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing
15. Link of my books:- https://amzn.to/3IRNRHo
16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.
17. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives hold 103 shares of NIACL so my personal interest is included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (NIACL). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(NIACL) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( NIACL ). 6. I have been not engaged in the market-making activity for the subject company (NIACL).
