Nippon Life Asset Management Limited is a publicly owned investment manager. The firm launches and manages equity and fixed income mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity, fixed income and commodity markets. Nippon Life Asset Management Limited was previously known as Reliance Nippon Life Asset Management Limited. Nippon Life Asset Management Limited was founded on February 24, 1995 and is based in Mumbai, India.
Revenue projections:
Revenue projections for NAM-INDIA With NAM-INDIA's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
currentRatio
0.000000
forwardPE
30.127394
debtToEquity
2.090000
earningsGrowth
0.183000
revenueGrowth
0.184000
grossMargins
0.829740
operatingMargins
0.698490
trailingEps
20.970000
forwardEps
0.000000
NAM-INDIA's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that NAM-INDIA is expected to continue expanding its business and boosting its financial performance in the coming periods. Positive gross and operating margins for NAM-INDIA suggest that the company is operating profitably. These margins highlight NAM-INDIA's efficiency in managing costs while maintaining healthy revenue streams, contributing to its overall financial strength.
Price projections:
Price projections for NAM-INDIA NAM-INDIA's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in NAM-INDIA's ability to achieve future growth.
Recommendation changes over time:
Recommendations trend for NAM-INDIA
Analysts' buy bias for Nippon Life India Asset Management Limited signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Nippon Life India Asset Management Limited, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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