NIACL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹162.10
prior close
₹162.34
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+3.9+2.7+1.6+0.6+2.2+1.0+2.5+0.2-2.7-7.5+23.9+9.2—
Up moveDown movePending
AI summary
The New India Assurance Company Ltd has received an income tax refund of Rs. 255.68 crore from the Income Tax Department. The refund pertains to Assessment Year 2019-20 and includes Rs. 233.10 crore towards income tax and Rs. 22.57 crore as interest. The company made this disclosure under SEBI (LODR) Regulations, 2015. This is a routine tax refund for the government-owned general insurance company.
Likely market impact
Receiving a tax refund of Rs. 255.68 crore improves the company's cash position, though this is a routine accounting matter and unlikely to have any significant impact on the stock price.