Nuvama Wealth Management Limited engages in wealth management, asset management, and capital markets businesses in India. The company provides debt advisory and clearing services; and portfolio management and investment advisory services. It is involved in institutional broking business; distribution of financial products; lending against securities; and investment management business for alternative investment funds. The company was formerly known as Edelweiss Securities Limited and changed its name to Nuvama Wealth Management Limited in August 2022. Nuvama Wealth Management Limited was incorporated in 1993 and is based in Mumbai, India.
Revenue projections:
Revenue projections for NUVAMA NUVAMA is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
3.764000
forwardPE
19.615192
debtToEquity
226.376000
earningsGrowth
0.376000
revenueGrowth
0.094000
grossMargins
0.911820
operatingMargins
0.366090
trailingEps
268.530000
forwardEps
0.000000
Nuvama Wealth Management Limited's current ratio of 3.764, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Nuvama Wealth Management Limited has enough cash and current assets to handle its immediate liabilities comfortably. NUVAMA's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential. NUVAMA's elevated debt-to-equity ratio shows that the company is relying heavily on debt to fund its activities. This high leverage can amplify returns but also heightens financial risks if cash flow becomes constrained. Nuvama Wealth Management Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
Price projections:
Price projections for NUVAMA Price projections for NUVAMA have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for NUVAMA's growth and market performance.
Recommendation changes over time:
Recommendations trend for NUVAMA
Analysts have shown a buy bias for NUVAMA, marking it as a favorable investment option. This could inspire investors to see NUVAMA as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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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