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 Nippon Life India Asset Management Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
currentRatio
3.333000
forwardPE
29.321646
debtToEquity
1.938000
earningsGrowth
-0.050000
revenueGrowth
0.004000
grossMargins
0.823710
operatingMargins
0.658270
trailingEps
20.700000
forwardEps
0.000000
Nippon Life India Asset Management Limited's current ratio 3.333, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, Nippon Life India Asset Management Limited can comfortably meet its immediate liabilities, reflecting a healthy financial standing. NAM-INDIA's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside. NAM-INDIA's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result. Nippon Life India Asset Management Limited's positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
Price projections:
Price projections for NAM-INDIA Price projections for Nippon Life India Asset Management Limited have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe Nippon Life India Asset Management Limited is well-positioned for continued success.
Recommendation changes over time:
Recommendations trend for NAM-INDIA
Analysts' recent buy bias toward Nippon Life India Asset Management Limited suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see Nippon Life India Asset Management Limited as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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