Buy Nuvama Wealth Ltd For Target Rs. 8,800 by Motilal Oswal Financial Services Ltd

2025-01-25 10:31:35 am | Source: Motilal Oswal Financial Services Ltd

Buy Nuvama Wealth Ltd For Target Rs. 8,800 by Motilal Oswal Financial Services Ltd

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* Wealth and asset management growth expected to remain consistent, offset by decline in capital market income.

* Yields to remain broadly stable sequentially across all business segments.

* Cost-to-income ratio is likely to improve YoY due to economies of scale.

* Expansion strategy and further investment areas to be the key monitorables for future growth.

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Buy Nuvama Wealth Ltd For Target Rs. 8,800 by Motilal Oswal Financial Services Ltd

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