Nippon Life India Asset Management Ltd - Weakness in Yields Due to Competition and Adverse Mix
Nippon AMC reported weak 4QFY22 revenue as yields continued to be under pressure due to adverse AUM mix (qoq) and heightened competition.
330 Views
Life Insurance Corporation of India Pre-IPO - Peer Comparison, Quick Thoughts on Rumored Valuations
Government of India is now said to be looking to raise around US$6-7bn via selling a stake in LIC in its upcoming India IPO. In this deal, we talk...
552 Views
Nippon Life India AMC: Moderate Performance; Maintain BUY
NAM Q3FY22 earnings performance was moderate with revenues lagging AUM growth due to pressure on equity yields. Yields came under pressure due to...
305 Views
Nippon Life India AMC: Encouraging Performance; Maintain BUY
We maintain our BUY rating with a target price of Rs 485 (32x FY23E EPS). Nippon Life India AMC (NAM) reported good earnings performance in Q2FY22...
211 Views
Aditya Birla Sun Life AMC IPO Trading - Tepid Demand
Aditya Birla Sun Life Asset Management Company’s (ABSL) shareholders raised around US$369m via reducing their stake in the company’s Indian IPO.
395 Views