New India Assur, Tata Inv Corp among top gainers on Nifty Midcap 150

About this update from Tata Investment Corporation Limited

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 PerformanceThe following table summarizes New India Assurance's consolidated quarterly financial performance:HeadingJun 2024Sep 2024Dec 2024Mar 2025Jun 2025RevenueRs 10,417.91 CroreRs 10,785.91 CroreRs 10,702.92 CroreRs 11,008.74 CroreRs 11,080.52 CroreNet ProfitRs 232.80 CroreRs 73.56 CroreRs 344.26 CroreRs 321.57 CroreRs 392.40 CroreEPS1.450.542.122.182.43The 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:Heading20212022202320242025RevenueRs 33,066.09 CroreRs 35,820.54 CroreRs 41,007.35 CroreRs 43,675.87 CroreRs 41,238.24 CroreNet ProfitRs 1,627.75 CroreRs 177.92 CroreRs 1,061.29 CroreRs 1,091.12 CroreRs 972.22 CroreEPS9.951.186.366.776.29BVPS155.37156.92157.29172.00175.94ROE6.410.754.053.943.57Debt to Equity0.000.000.000.000.00The 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 VolumeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Change in ManagementThe compan...

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