|
31 Jul 2025 |
Nippon Life Asset Mgmt
|
Consensus Share Price Target
|
823.55 |
776.61 |
- |
-5.70 |
buy
|
|
|
|
|
08 Sep 2021
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
485.00
|
435.80
(88.97%)
|
|
Buy
|
|
|
Long-term prospects of the Indian AMC industry continue to be positive given its low penetration levels vis--vis developed countries. On sustained cost controls and improved outlook, we maintain our BUY rating with a target price of Rs 485 (32x FY23E EPS).
|
|
02 Aug 2021
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
455.00
|
400.40
(105.68%)
|
Target met |
Buy
|
|
|
We recommend a BUY with TP of Rs 455/share.
|
|
21 Jul 2021
|
Nippon Life Asset Mgmt
|
ICICI Securities Limited
|
823.55
|
480.00
|
397.90
(106.97%)
|
|
Buy
|
|
|
India with an AUM size of | 3.79 lakh crore. The company has a strong distribution network with ~80000 distributors. Market share as on Q1FY22 was at 7.2%...
|
|
20 Jul 2021
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
455.00
|
397.90
(106.97%)
|
Target met |
Buy
|
|
|
On sustained cost controls and improved outlook, we maintain our Buy rating with a target price of Rs 455 (30x FY23E EPS), implying an upside of 12%.
|
|
28 Apr 2021
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
390.00
|
341.40
(141.23%)
|
Target met |
Buy
|
|
|
We maintain our Buy rating with a target price of Rs 390 (28x FY23E EPS), an upside of 15%.
|
|
28 Jan 2021
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
360.00
|
318.05
(158.94%)
|
Target met |
Buy
|
|
|
On sustained cost controls and improved outlook, we revise our rating to Buy from Hold with a target price of Rs 360 (28x FY23E EPS).
|
|
29 Oct 2020
|
Nippon Life Asset Mgmt
|
Axis Direct
|
823.55
|
284.00
|
273.10
(201.56%)
|
Target met |
Hold
|
|
|
We maintain a Hold with a target price of Rs 284 (27x FY22E EPS)
|
|
28 Oct 2020
|
Nippon Life Asset Mgmt
|
ICICI Securities Limited
|
823.55
|
300.00
|
273.00
(201.67%)
|
Target met |
Hold
|
|
|
Nippon Life India AMC (Nippon) posted modest PAT growth of 6% YoY to | 145 crore on a consolidated basis as cost rationalisation and healthy growth in other income compensated for a decline in revenues. Overall AUM...
|
|
27 Oct 2020
|
Nippon Life Asset Mgmt
|
Yes Securities
|
823.55
|
364.00
|
278.20
(196.03%)
|
Target met |
Buy
|
|
|
We remain positive on the stock considering our expectations of 1) strong equity marketperformance,2)NAMgainingmarketshareunderthenewpromoters,3)costs controlwillnarrowdownthefinancialperformancegapwhencomparedwithpeers, and4)valuationsareattractiveat21.6xFY23Eearnings.OurestimatesforFY21have...
|
|
27 Oct 2020
|
Nippon Life Asset Mgmt
|
Sharekhan
|
823.55
|
345.00
|
271.00
(203.89%)
|
Target met |
Buy
|
|
|
We have fine-tuned our estimates for FY2021E and FY2022E and introduce FY2023E estimates in this note. We maintain our Buy rating on the stock with a PT of Rs. 345. Nippon Life India Asset Management's (NAM's) Q2FY2021 results were encouraging. Operational numbers came above expectations, helped by cost control because of marginal increase in Assets Under Management (AUMs). The AUM decline trend seen in Q1 was arrested and AUM at Rs. 2,76,774 crore saw a marginal increase on q-o-q basis, which is encouraging. Quarterly average AUM came in at Rs. 2,00,030 crore,...
|