New India Assurance Faces Mixed Technical Trends Amid Market Evaluation Revision
New India Assurance Company has recently revised its evaluation amid fluctuating market conditions. The stock has shown significant variations in performance, with a notable decline over the past year compared to the Sensex, but impressive returns over the last three years, reflecting its efforts to adapt in a competitive landscape.
New India Assurance Company, a prominent player in the insurance industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company, classified as a large-cap entity, is navigating a complex landscape characterized by various technical indicators.Currently priced at 186.10, New India Assurance has experienced fluctuations, with a 52-week high of 309.90 and a low of 135.05. Recent trading sessions have seen the stock reach a high of 186.40 and a low of 181.60. The technical summary indicates mixed signals across different time frames, with the MACD showing a mildly bullish stance on a weekly basis, while the monthly perspective leans mildly bearish. The Bollinger Bands present a bullish outlook weekly, contrasting with a mildly bearish monthly trend.
In terms of performance, the company's returns have varied significantly when compared to the Sensex. Over the past year, New India Assurance has faced a decline of 26.28%, while the Sensex has gained 6.07%. However, looking at a three-year horizon, the stock has shown a remarkable return of 131.76%, outperforming the Sensex's 56.69% during the same period. This evaluation adjustment highlights the company's ongoing efforts to stabilize its position in a competitive market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
