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 are expected to be cautious with Nuvama Wealth Management Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
currentRatio
0.000000
forwardPE
20.661606
debtToEquity
250.487000
earningsGrowth
0.387000
revenueGrowth
0.205000
grossMargins
0.999060
operatingMargins
0.409360
trailingEps
249.470000
forwardEps
0.000000
NUVAMA's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside. Nuvama Wealth Management Limited's high debt-to-equity ratio indicates a strong reliance on debt, meaning the company is heavily leveraged. This could increase financial risks if cash flow or earnings decline, making it more difficult for Nuvama Wealth Management Limited to manage its debt obligations. With both earnings and revenue growth showing positive trends, NUVAMA is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability. NUVAMA's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
Price projections:
Price projections for NUVAMA
Recommendation changes over time:
Recommendations trend for NUVAMA
NUVAMA has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view NUVAMA as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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