New India Assurance's shares surged by 19.78% to close at ₹155.90 on the Bombay Stock Exchange (BSE) following the company's announcement of a 10.9% year-on-year growth in premium collections for the financial year 2025-26 (FY26). The company's market share also saw a slight increase to 12.74% from 12.56% the previous year. This rally in stock price is attributed to overall positive activity in mid- and small-cap stocks, coupled with the company's attractive valuations. The non-life insurance sector reported a 9.3% growth, reaching ₹3.36 trillion, with New India Assurance contributing significantly with a premium collection of ₹42,821.8 crore, reflecting a 10.87% increase. Analysts are optimistic about the stock's trajectory, suggesting it could reach ₹170, but recommend entering positions on dips towards ₹148–150 while maintaining a stop loss below ₹140.