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 Investors may react cautiously to news that NUVAMA's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
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
A current ratio of 3.764 for Nuvama Wealth Management Limited implies that the company has ample liquidity to meet its short-term debts. Nuvama Wealth Management Limited's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities. Nuvama Wealth Management Limited's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced. Nuvama Wealth Management Limited's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise. 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 The steady upward revision of Nuvama Wealth Management Limited's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about Nuvama Wealth Management Limited's potential to deliver strong results and increased market value.
Recommendation changes over time:
Recommendations trend for NUVAMA
Nuvama Wealth Management Limited has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as Nuvama Wealth Management Limited is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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