New Delhi, Sept. 4 -- New India Assurance Company shares have been on a roll lately, defying weak market sentiment due to geopolitical tensions and oil price volatility. New India Assurance Company's share price jumped 20% to hit its 52-week high as well as the upper circuit of Rs.234.60 in Friday's session. At this level, the stock was up nearly 101% from its 52-week low of Rs.116.95, which it hit on March 30 this year. In other words, the stock more than doubled investors' money in five months and five days.

However, the stock ended 18.16% higher at Rs.231 on the BSE on 4 September.

The stock has jumped 68% over the last six months, while year-to-date, it has gained 48.51%.

The recent rise in the stock price could be largely attribut...