NAM_INDIA A multibagger?Nippon Life India Asset Mgt. is engaged in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates.
The AUM(Asset under management) is 435000 crores and the quarterly sip is 4700 crore which is increasing every quarter with the increasing interest of people in stock market and mutual fund. The company has increased its net profit by 3 times in 4 years and is performing better as compared to its peers. The company is also expected to give a good quarter.
It is an excellent buy for both short term and long term and it should be keep a definite place in portfolio.
I am not a SEBI registered analyst.
Please do your own analysis before investing.
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Namindia
NAM_INDIA excellent buy for long termNAM_INDIA is the largest player in asset management services in Bharat. The current level of the stock is a strong resistance. If broken it will give good returns in both short term and long term as mutual fund industry is growing at bullet speed in India. Some important points, it should be bought now are:-
1) Current PE ratio is 23.4 while lifetime median PE ratio is 27.8.
2) Last two years net profit of the company was highest ever.
3) Company is almost debt free.
4) Stock is providing a good dividend yield of 3.57%.
4) Promoter holding is strong 73.6% which means they believe in the growth potential of the company.
5) The company is present in 16 Indices.
6) Company has a healthy Return on Equity (ROE) track record of 22.93%.
NAM_INDIA SHORT (INTRADAY NOV 15)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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NAM_INDIA has given "Break Of Structure" on daily and in 15 min it is at "Daily Resistance Area" and it is making "Descending triangle". On Breakout we could see downside continuation movement. Thank You !