Latest news with #NipponLifeIndiaAssetManagement
Time of India
04-07-2025
- Business
- Time of India
Stock Radar: Nippon Life stock gives a breakout from Cup pattern in June; check target & stop loss for long positions
Nippon Life India Asset Management is showing positive market movement. The stock broke out from a cup handle pattern in June. It is consolidating within a range. Experts suggest a potential buy for short-term traders. The stock price may rise to Rs 950 in the coming weeks. A stop loss at Rs 712 is advised. Nippon Life India Asset Management Ltd, part of the asset management company industry, gave a breakout from a Cup handle back in June 2025 and is consolidating in a narrow term traders can look to buy the stock as it is trading above crucial support levels; hence, a bounce back could be on the stock entered a consolidation phase after hitting a swing high of Rs 816 on December 11, 2024, and subsequently breached most of its
Mint
12-06-2025
- Business
- Mint
3 AMC stocks soar over 100% in 2 years amid steady rise in mutual fund inflows. Do you own any?
Asset Management Companies (AMCs), which manage mutual funds and other pooled investment vehicles on behalf of investors, have seen their share prices skyrocket in recent years. This surge comes as mutual funds have become the preferred investment choice among Indian retail investors, leading to a strong expansion in their Assets Under Management (AUM) and allowing AMCs to generate higher revenue. Nippon Life India Asset Management, which had a mutual fund AUM of ₹ 5.6 lakh crore as of the March quarter, has delivered stellar returns as its stock has surged 207% over the past two years, currently trading at ₹ 753 apiece. Likewise, HDFC Asset Management Company has returned 165% in the last two years, with the stock currently trading at ₹ 5,123.90 apiece. As of the March quarter, the company managed an AUM of ₹ 7.75 lakh crore, according to AMFI data. Aditya Birla Sun Life AMC has also delivered strong returns to shareholders, with its stock price jumping 109% over the last two years. The company's Assets Under Management stood at ₹ 3.8 lakh crore as of the March quarter. According to analysts, the stellar rally in AMC stocks is likely to remain buoyant, driven by sustained inflows into mutual funds from retail investors. They further believe that the recent 50 basis point cut in the repo rate by the RBI could make fixed deposits less attractive, potentially prompting more investors to shift towards mutual fund investments. Domestic brokerage firm InCred Equities expects the inflow momentum to pick up pace in the near term and sustain in the medium term, driven by higher retail participation, better understanding of market volatility, growing investment discipline, and increasing contributions from B-30 cities. The brokerage remains optimistic over the mid- to long-term outlook, citing improving geographic penetration and the rising popularity of mutual fund schemes, particularly among young and middle-income investors. InCred maintains an 'Add' rating for all listed AMC players, with Nippon Life India Asset Management as its top pick, citing consistent, performance-led market share gains. 'We like HDFC AMC for its market share gains and Aditya Birla Sun Life AMC for its turnaround story. The ongoing speculation around the possible acquisition of UTI AMC adds to its attractiveness,' the brokerage noted. As per the data released by AMFI (Association of Mutual Funds of India), the overall average assets under management or AUM of mutual funds in May 2025 increased by 4% mom to the all-time high of ₹ 72.2 lakh crore, led by healthy inflow and strong capital market returns. Consequently, equity fund AUM increased by 6% mom to ₹ 32 lakh crore, which now contributes 44% of the total AUM. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
14-05-2025
- Business
- Time of India
Buy Nippon Life India AMC, target price Rs 692: Axis Securities
Axis Securities has a Buy call on Nippon Life India Asset Management with a target price of Rs 692. The current market price of Nippon Life India Asset Management is Rs 698.45. Nippon Life India Asset, incorporated in 1995, is a Large Cap company with a market cap of Rs 44365.71 crore, operating in Financial Services sector. Nippon Life India Asset Management's key products/ revenue segments include Investment Management & Advisory Fees and Income From Portfolio Management Services for the year ending 31-Mar-2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This might be relevant for you Undo Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 589.58 crore, down -2.27 % from last quarter Total Income of Rs 603.30 crore and up 5.18 % from last year same quarter Total Income of Rs 560.57 crore. The company has reported net profit after tax of Rs 298.32 crore in the latest quarter. The company's top management includes Kumar Sinha, Sikka, Parekh, Prakash Malik, Chatterjee, Mr.B Sriram, Yao, Yamauchi, Kimura. The company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 63 crore shares outstanding. Live Events Investment Rationale Axis Securities expects NAM to deliver a healthy MF AUM/Revenue/Earnings growth of 18/14/13% CAGR over FY25-27E, driven by (i) diversified product offerings, (ii) strong retail-focused franchise, and (iii) focus on profitable growth. Given the low penetration levels in India vis-a-vis developed countries, NAM is a play on the financialisation of savings in India. The brokerage recommends a BUY rating on the stock with a target price of Rs 692/share, implying an upside of 10% from the CMP. Promoter/FII Holdings Promoters held 72.32 per cent stake in the company as of 31-Mar-2025, while FIIs owned 8.34 per cent, DIIs 12.81 per cent.
Business Standard
28-04-2025
- Business
- Business Standard
Nippon Life India Asset Management standalone net profit declines 8.98% in the March 2025 quarter
Sales rise 21.94% to Rs 526.46 crore Net profit of Nippon Life India Asset Management declined 8.98% to Rs 295.78 crore in the quarter ended March 2025 as against Rs 324.96 crore during the previous quarter ended March 2024. Sales rose 21.94% to Rs 526.46 crore in the quarter ended March 2025 as against Rs 431.75 crore during the previous quarter ended March 2024. For the full year,net profit rose 19.58% to Rs 1252.23 crore in the year ended March 2025 as against Rs 1047.23 crore during the previous year ended March 2024. Sales rose 35.77% to Rs 2065.20 crore in the year ended March 2025 as against Rs 1521.11 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 526.46431.75 22 2065.201521.11 36 OPM % 68.1065.94 - 68.1663.97 - PBDT 382.37368.44 4 1684.111322.86 27 PBT 374.28361.31 4 1654.671294.48 28 NP 295.78324.96 -9 1252.231047.23 20
Business Standard
28-04-2025
- Business
- Business Standard
Nippon Life India Asset Management consolidated net profit declines 12.92% in the March 2025 quarter
Sales rise 20.99% to Rs 566.54 crore Net profit of Nippon Life India Asset Management declined 12.92% to Rs 298.60 crore in the quarter ended March 2025 as against Rs 342.92 crore during the previous quarter ended March 2024. Sales rose 20.99% to Rs 566.54 crore in the quarter ended March 2025 as against Rs 468.27 crore during the previous quarter ended March 2024. For the full year,net profit rose 16.17% to Rs 1286.39 crore in the year ended March 2025 as against Rs 1107.32 crore during the previous year ended March 2024. Sales rose 35.75% to Rs 2230.69 crore in the year ended March 2025 as against Rs 1643.22 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 566.54468.27 21 2230.691643.22 36 OPM % 64.4662.09 - 64.6360.48 - PBDT 386.41381.45 1 1724.921381.62 25 PBT 377.81374.11 1 1694.321352.48 25 NP 298.60342.92 -13 1286.391107.32 16
