Why is New India Assura falling/rising?

Sep 22 2025 11:13 PM IST
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As of 22-Sep, New India Assurance Company Ltd's stock price is Rs 198.00, down 1.64%, and has underperformed its sector today. Despite recent gains and trading above key moving averages, it has a year-to-date decline of 1.49%, contrasting with the Sensex's 5.15% gain.
As of 22-Sep, New India Assurance Company Ltd is experiencing a decline in its stock price, currently at Rs 198.00, which reflects a decrease of Rs 3.3 or 1.64%. The stock has underperformed its sector by 2.06% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 197.2, indicating a downward trend. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. In terms of returns, the stock has shown a 2.54% increase over the past week, but it has a year-to-date decline of 1.49%, contrasting with the benchmark Sensex, which has gained 5.15% year-to-date.

In the broader market context, the stock's short-term performance over the past week has outpaced the Sensex, which only increased by 0.46%. However, the longer-term view reveals that the stock has significantly underperformed over the past year, with a decline of 15.13% compared to the Sensex's drop of only 2.82%. This discrepancy highlights the challenges faced by New India Assurance in maintaining investor confidence, despite a recent rise in delivery volume, which increased by 204.34% against the 5-day average, indicating rising investor participation. Unfortunately, there is no specific information available regarding positive or negative factors that could further clarify the stock's recent movement.
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