2025-04-04 02:20:06 pm | Source: Motilal Oswal Financial Services Ltd
Buy Nuvama Wealth Ltd For Target Rs. 7,600 by Motilal Oswal Financial Services Ltd
* Revenue to decline sequentially for wealth and capital markets, offset by growth in asset management revenue.
* Yields for the wealth segment are expected to decline, while for asset management they are expected to improve.
* Increase in cost-to-income ratio driven by growth in other expenses.
* Expansion strategy and further investment areas to be the key monitorables for future growth.
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