New India Assurance Shows Short-Term Gains Amid Long-Term Volatility Concerns

Feb 19 2025 10:05 AM IST
share
Share Via
New India Assurance Company has experienced significant trading activity, achieving a notable increase on February 19, 2025. Despite recent gains, the stock remains below key moving averages and has faced challenges over the past month, contrasting with the broader market's performance.
New India Assurance Company has shown notable activity today, gaining 3.04% on February 19, 2025. The stock has outperformed its sector by 2.76%, reflecting a positive trend in the short term. Over the past two days, New India Assurance has recorded a cumulative increase of 3.3%, indicating a consecutive gain.

During today's trading session, the stock reached an intraday high of Rs 158.85, marking a rise of 3.76%. However, it is important to note that New India Assurance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a potential divergence from longer-term trends.

In terms of broader market performance, New India Assurance Company Ltd's one-day performance of 3.53% significantly outpaced the Sensex, which recorded a modest gain of 0.16%. However, the stock has faced challenges over the past month, with a decline of 17.96%, compared to the Sensex's decrease of 0.69%. These metrics highlight the stock's recent volatility and its position within the finance/NBFC sector.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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