TheScreener - New India Assurance Co (NIACL) NEW INDIA ASSURANCE COMPANY sees an upgrade to Positive due to a better fundamental star rating

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NEW INDIA ASSURANCE COMPANY sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of NEW INDIA ASSURANCE COMPANY (IN), a company active in the Full Line Insurance industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date January 28, 2022, the closing price was INR 138.45 and its potential was estimated at INR 177.36.

29/01/2022 1 EN

Underlying

New India Assurance Co

The New India Assurance Co Ltd is an India-based government owned multinational general insurance company. The Company operates in approximately 30 countries. Its retail business is offered through commercial and personal lines of business and it also have range of products in rural, social sector and micro insurance segments. It serves industries, including petrochemical, oil and energy industries, power and steel plants, aviation fleets, satellites, projects and infrastructures, and small and medium enterprises (SMEs). The Company's products include Personal Insurance, Commercial Insurance, Industrial Insurance, Liability Insurance and Social Insurance. The Company's subsidiaries include New India Assurance Co Ltd and Prestige Assurance Plc.

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INE470Y01017 National Stock Exchange of India India

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TheScreener

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NEW INDIA ASSURANCE COMPANY sees an upgrade to Positive due to a better fundamental star rating

Empowering Investors

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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