Risk factor
Poor trading liquidity
Profitability factor
Strong margins and returns
About
Operating across India, Nuvama Wealth Management Limited specializes in wealth management, asset management, and capital markets activities. The company offers a range of services including debt advisory, clearing, and both portfolio and investment advisory. Furthermore, it engages in institutional and retail securities brokerage, distributes various financial products, provides lending services against securities, and manages investments for alternative investment funds. The firm, which was incorporated in 1993 and is based in Mumbai, India, was previously known as Edelweiss Securities Limited before officially adopting the name Nuvama Wealth Management Limited in August 2022.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu
Target Price
The average target price of NUVAMA.BO is 1822 and suggests 6.99% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen