Nuvama wealth Management looking upwards
Nuvama Wealth Management Ltd. is a stock broking company, which engages in conducting trading and broking activities for institutional as well as retail clients. It operates through the following segments: Capital Markets, Wealth Management, and Holding Company Activities. The Capital Markets segment includes institutional broking business, merchant banking business, and advisory. The Wealth Management segment distributes financial products and investment advisory.
Nuvama Wealth Management Ltd. CMP is 6727.60. The Negative aspects of the company are high Valuation (P.E. = 28.8), Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income. The positive aspects of the company are Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Good quarterly growth in the recent results, Strong Annual EPS Growth and Increasing Revenue every Quarter for the past 8 Quarters.
Entry can be taken after closing above 6742 Targets in the stock will be 6886 and 7021. The long-term target in the stock will be 7249 and 7484. Stop loss in the stock should be maintained at Closing below 5446.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Nuvama Wealth Management Ltd. CMP is 6727.60. The Negative aspects of the company are high Valuation (P.E. = 28.8), Stocks Underperforming their Industry Price Change in the Quarter, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income. The positive aspects of the company are Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Good quarterly growth in the recent results, Strong Annual EPS Growth and Increasing Revenue every Quarter for the past 8 Quarters.
Entry can be taken after closing above 6742 Targets in the stock will be 6886 and 7021. The long-term target in the stock will be 7249 and 7484. Stop loss in the stock should be maintained at Closing below 5446.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
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