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Central Bank of India, Bank of Maharashtra, General Insurance Corporation of India and Carborundum Universal Ltd are among the other losers in the BSE s A group today, 22 February 2021.
Central Bank of India, Bank of Maharashtra, General Insurance Corporation of India and Carborundum Universal Ltd are among the other losers in the BSE s A group today, 22 February 2021.
New India Assurance Company Ltd crashed 17.10% to Rs 155.4 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 4.36 lakh shares were traded on the counter so far as against the average daily volumes of 1.41 lakh shares in the past one month.
State-Run Insurers Rally For Second Session On Privatisation Report State-run insurers - New India Assurance and General Insurance Corporation of India or GIC Re, hit the 20 per cent upper circuit on privatisation reports.
Updated: February 20, 2021 10:32 am IST
On the BSE, shares of New India Assurance were last trading 11.81 per cent higher at Rs 183.60
Shares of two listed state-owned insurance companies, General Insurance Corporation of India or GIC Re and New India Assurance rallied as much as 20 per cent for the second straight session after a surge in state-run banks on privatisation buzz. On February 1, while presenting Budget 2021, Finance Minister Nirmala Sitharman had also announced that the government will privatise four banks as well as an insurance company. General Insurance Corporation and New India Assurance were locked in the upper circuit of 20 per cent on the BSE today, for the second straight session. On Thursday, shares of GIC Re got locked at the 20 p
New India Assurance Company Ltd clocked volume of 89.16 lakh shares by 14:14 IST on NSE, a 22.27 times surge over two-week average daily volume of 4.00 lakh shares
General Insurance Corporation of India, Shilpa Medicare Ltd, GMM Pfaudler Ltd, Zensar Technologies Ltd are among the other stocks to see a surge in volumes on NSE today, 18 February 2021.
New India Assurance Company Ltd clocked volume of 89.16 lakh shares by 14:14 IST on NSE, a 22.27 times surge over two-week average daily volume of 4.00 lakh shares. The stock gained 19.99% to Rs.164.20. Volumes stood at 2.37 lakh shares in the last session.
General Insurance Corporation of India saw volume of 87.66 lakh shares by 14:14 IST on NSE, a 15.08 fold spurt over two-week average daily volume of 5.81 lakh shares. The stock increased 19.97% to Rs.170.90. Volumes stood at 4.23 lakh shares in the last session.
The finance ministry and Niti Aayog will together finalise whether the general insurer will be considered for privatisation, a senior government official said.