Shares of New India Assurance Company Ltd (NIACL) surged

Shares of New India Assurance Company Ltd (NIACL) surged today, rising over 15% intraday to ₹179.56, making it one of the most actively traded stocks on October 12, 2026. Despite strong momentum, analysts remain cautious due to a recent downgrade to a “Sell” rating. 📊 NIACL Stock Performance Today Opening Price: ₹162.98 (gap-up of 10.71% from previous close ₹162.23) Intraday High: ₹180.00 (+10.9% from open) Last Traded Price (11:34 AM): ₹179.56 (+15.11% intraday) Volume: 2.16 crore shares traded Value Turnover: ₹382.3 crores Market Cap: ₹27,851 crores (small-cap classification) 📈 Quarterly Results (Q3 FY2026) Operating Profit: ₹-89.28 crore (down 86.84% QoQ) Profit After Tax: ₹379.95 crore (up 602.83% QoQ) Total Income: ₹11,428.64 crore (down 7.38% QoQ) EPS: ₹2.34 vs ₹0.36 last quarter (+542.45%) Operating Margin: -0.78% (negative)