New India Assur and Tata Inv Corp emerged as top gainers on the Nifty Midcap 150 in Tuesday's trading session. At 12:30 pm, New India Assur was trading at Rs 204.33, reflecting an 8.97% increase, while Tata Inv Corp stood at Rs 7,286, marking a 4.44% gain. Other notable gainers on the index included UNO Minda (up 3.76%), Motherson SWI (up 2.8%), and Schaeffler Ind (up 2.77%).New India Assurance Company Ltd.New India Assur experienced positive momentum in Tuesday's session. The following sections detail the company's financial performance and recent corporate actions.Financial Performance
The following table summarizes New India Assurance's consolidated quarterly financial performance:
HeadingJun 2024Sep 2024Dec 2024Mar 2025
Jun 2025RevenueRs 10,417.91 CroreRs 10,785.91 CroreRs 10,702.92 CroreRs 11,008.74 Crore
Rs 11,080.52 CroreNet ProfitRs 232.80 CroreRs 73.56 CroreRs 344.26 CroreRs 321.57 Crore
Rs 392.40 CroreEPS1.450.542.122.18
2.43
The company's revenue demonstrated a steady increase over the quarters, moving from Rs 10,417.91 Crore in June 2024 to Rs 11,080.52 Crore in June 2025. Net profit also rose, with a significant increase noted in the quarter ending June 2025.
The table below presents New India Assurance's consolidated annual financial performance:
Heading2021202220232024
2025RevenueRs 33,066.09 CroreRs 35,820.54 CroreRs 41,007.35 CroreRs 43,675.87 Crore
Rs 41,238.24 CroreNet ProfitRs 1,627.75 CroreRs 177.92 CroreRs 1,061.29 CroreRs 1,091.12 Crore
Rs 972.22 CroreEPS9.951.186.366.77
6.29BVPS155.37156.92157.29172.00
175.94ROE6.410.754.053.94
3.57Debt to Equity0.000.000.000.00
0.00
The annual data reveals a fluctuating revenue trend, with a decrease in the year ending March 2025. The net profit also decreased in fiscal year 2025 compared to fiscal year 2024. The company's debt-to-equity ratio has remained at zero over the past five years, indicating a debt-free status.Sales for the year ending March 2025 amounted to Rs 41,238 Crore, a decrease compared to Rs 43,675 Crore in the previous year. The net profit for the same period was Rs 972.22 Crore, lower than the Rs 1,091.12 Crore reported in the previous year.Corporate ActionsRecent corporate actions for New India Assurance, as per announcements, include:
- Increase In Volume
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Announcement under Regulation 30 (LODR)-Change in Management
The company announced a final dividend of Rs 2.06 per share on May 22, 2024, effective September 6, 2024. Additionally, a bonus issue with a ratio of 1:1 was announced on May 11, 2018, with an ex-bonus date of June 27, 2018.Tata Investment Corporation Ltd.Tata Inv Corp is also experiencing upward movement in today's session. Let's examine the company's financial performance alongside recent corporate actions.Financial Performance
A summary of Tata Investment Corporation's consolidated quarterly financial performance is provided below:
HeadingJun 2024Sep 2024Dec 2024Mar 2025
Jun 2025RevenueRs 142.46 CroreRs 142.48 CroreRs 3.71 CroreRs 16.43 Crore
Rs 145.46 CroreNet ProfitRs 106.78 CroreRs 100.50 CroreRs -6.64 CroreRs 8.50 Crore
Rs 112.40 CroreEPS25.9124.453.887.46
28.92
The company's revenue and net profit demonstrated fluctuation throughout the quarters, with a notable dip in the quarter ending December 2024, followed by a strong rebound in June 2025.
The subsequent table presents Tata Investment Corporation's consolidated annual financial data:
Heading2021202220232024
2025RevenueRs 163.14 CroreRs 253.85 CroreRs 277.16 CroreRs 383.12 Crore
Rs 305.08 CroreNet ProfitRs 129.91 CroreRs 196.61 CroreRs 216.09 CroreRs 320.32 Crore
Rs 209.14 CroreEPS30.4442.3449.7876.09
61.68BVPS2,814.663,889.253,868.675,922.51
6,144.99ROE1.081.081.281.28
1.00Debt to Equity0.000.000.010.00
0.00
The annual figures indicate a fluctuating revenue trend, with a decrease in 2025. The net profit also decreased in 2025 compared to 2024. The company's debt-to-equity ratio has remained low over the past five years.Sales for the year ending March 2025 were Rs 305.08 Crore, a decrease compared to Rs 383.12 Crore in the previous year. The net profit for the same period was Rs 209.14 Crore, also lower than the Rs 320.32 Crore reported in the year prior.Corporate ActionsRecent corporate actions for Tata Investment Corporation include:
- Tata Investment Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025 and Sub-Division of Ordinary Equity Shares
- Announcement under Regulation 30 (LODR) - Amendments to Memorandum & Articles of Association
- Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
The company announced a final dividend of Rs 27.00 per share on April 21, 2025, effective June 10, 2025. In addition, the company has a history of bonus issues and rights issues, reflecting its capital restructuring activities.With New India Assur trading at Rs 204.33 and Tata Inv Corp at Rs 7,286, both stocks reflect significant gains within the Nifty Midcap 150 index.