The New India Assurance Co (NSE:NIACL) Altman Z2-Score

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NIACL The New India Assurance Co Ltd NSE:NIACL
76 GF Score
Price ₹181.82
GF Value ₹200.29
Valuation Fairly Valued
! 4 Warning Signs
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What is The New India Assurance Co Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.

NSE:NIACL
76GF Score
The New India Assurance Co Ltd NSE:NIACL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is The New India Assurance Co (NSE:NIACL) Overvalued in 2026?

Based on GuruFocus' analysis, The New India Assurance Co stock appears to be undervalued. The current stock price of ₹181.82 is trading 9.2% below its estimated GF Value™ of ₹200.29. GuruFocus considers The New India Assurance Co to be Fairly Valued.

Key valuation signals for NSE:NIACL:

  • Altman Z2-Score:
  • GF Value™: ₹200.29 vs. price of ₹181.82 (9.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the NSE:NIACL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The New India Assurance Co Business Description

Other Exchanges 540769:India
Address 87, M.G. Road, New India Assurance Building, Fort, Mumbai, MH, IND, 400001
The New India Assurance Co Ltd is a general insurance company in India. Its divisions include fire insurance, marine insurance, motor insurance, travel insurance, property insurance, aviation, engineering, accident and health insurance, and other lines of business.
76GF Score

Get the complete analysis for NSE:NIACL

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹181.82
Price
₹200.29
GF Value