Is The New India Assurance stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, The New India Assurance pays dividends. Last time was Thursday 24th of October 2024 where the investors holding the stock on Thursday 5th of September 2024 were paid INR2.06 per share. Over the last 5 times between 2018 and 2024, The New India Assurance has paid INR15.79 with an average of INR3.16 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for The New India Assurance 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR108.50, you would have made a profit of INR141.10 per share or 130.05%
Yes, the average daily trading liquidity for The New India Assurance is INR4.10 million. You should therefore be able to get in and out of your positions relatively fast.
The New India Assurance has no real debt, which is good in periods of high inflation. The company has a very low net profit margin of 2.50%, which is challenging.
We have calculated the inflation risk for The New India Assurance to be low [0.5 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.