Why this PSU general insurer’s shares can be accumulated on dips now

GENERAL INSURANCE The sharp 43 per cent correction in the stock of government-owned The New India Assurance Company (NIACL) from its 52-week high of ₹214.75 has brought it back into focus. Downside appears relatively protected by valuation and balance-sheet strength.

Why this PSU general insurer’s shares can be accumulated on dips now
GENERAL INSURANCE The sharp 43 per cent correction in the stock of government-owned The New India Assurance Company (NIACL) from its 52-week high of ₹214.75 has brought it back into focus. Downside appears relatively protected by valuation and balance-sheet strength.

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