 "Sensex, Nifty, stock markets, record highs, profit booking, RBI, Federal Reserve, earnings, valuations, IT stocks, market breadth")
The New India Assurance Company share price today: The New India Assurance Company rose up to 2.28 per cent to an intraday high of ₹156.45 per share, on the last trading day of 2025.
At 9:30 AM, The New India Assurance Company stock was trading 1.60 per cent higher at ₹155.40 per share. By comparison, BSE Sensex was trading 0.25 per cent higher at 84,886.56
Why did The New India Assurance Company share rise today?
The share of The New India Assurance Company rose after announcing disclosures regarding GST orders and show-cause notices received.
The company has received an Order in Original from the Joint Commissioner, CGST & Central Excise, Mumbai South, under Section 74(9) read with Section 74(1) of the CGST Act/MHGST Act, 2017. This pertains to a Show Cause Notice (SCN) in Form DRC-01, dated June 26, 2025, relating to the period from April 2018 to March 2023, with a total demand of ₹2,298.06 crore, which the company had reported in compliance with Sebi regulations on 26/06/2025.
The Adjudicating Authority has dropped a tax demand of ₹2,187.95 crore and confirmed a tax demand of ₹1.10 crore, along with applicable interest and penalty. Based on the advice of its tax consultants, the company is in the process of challenging the order in Form GST DRC-07 before the First Appellate Authority within the stipulated timeline, and it believes it has a strong case on merits.
ALSO READ | IFCI monetises 40% stake in NEDFi, stock price gains 7%; details inside
Also Read
 "HSBC Bank Mauritius sells 7% shares of V-Mart Retail for Rs 392 cr")
 "Sector-wise, the Nifty Metal index led the gains on Wednesday, rising over 1 per cent")
 "IFCI SHARE PRICE")
 "Stock market outlook for 2026")
 "stock pick 2026")
Additionally, the company received an Order from the office of the Assistant Commissioner, New Delhi, under Section 73 of the CGST/IGST Act, 2017, related to a Show Cause Notice in Form DRC-01 for the financial year April 2021 to March 2022. This SCN had been previously reported on August 28, 2025 as per Sebi regulations.
The Proper Officer has confirmed a total demand of ₹69.17 crore, including tax, interest, and penalty.
The company, following the advice of its tax consultants, is challenging this order before the First Appellate Authority within the prescribed timeline and believes it has a strong case on merits.
The New India Assurance Company (NIACL), founded by Sir Dorabji Tata in 1919 and nationalised in 1973, is India’s largest government-owned general insurer.
Headquartered in Mumbai, the company provides a wide range of insurance products, including motor, health, marine, aviation, and property insurance, serving individuals, businesses, and government schemes across India and abroad. Known for its strong financial health and market leadership, NIACL consistently ranks at the top of the country’s non-life insurance sector.
ALSO READ | V-Mart's turnaround gathers pace as margins rise, stores scale up: Analysts
As a Central Public Sector Undertaking under the Ministry of Finance, the Indian government is the majority owner of NIACL. The company has a significant global presence, operating in multiple countries and extending its footprint beyond India. Its insurance offerings range from basic motor and health coverage to complex solutions for aviation, marine, large projects, and corporate clients, reflecting a comprehensive approach to risk management.
With a long-standing legacy, NIACL became a subsidiary of the General Insurance Corporation (GIC) in 1973 and later fully government-owned.
 "global stocks")
 "Indian rupee, rupee")
 "Nifty, Bank Nifty, Nifty Financial Services and MidCap Select lower lot sizes to come into effect from today, December 31, 2025.")
 "India vs global markets in 2026")
 "Stocks to watch on December 31")
