BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Nippon Life India Asset Management Ltd. gained equity market share in Q2 FY21 by 26 basis points QoQ to 7.1%.
We expect the company to focus on improving performance and to continue to recoup its lost market share.
Additionally, we expect the company to benefit from increased credibility to raise high net-worth individuals /institutional capital.
We estimate Nippon Life would deliver an FY21-23E revenue/profit after tax compound annual growth rate of 11.9/9.7%.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR