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NAM India surges 9%, hits new high; market cap touches Rs 50,000 crore

Business Standard LogoBusiness Standard2w ago

NAM India surges 9%, hits new high; market cap touches Rs 50,000 crore - Business Standard

Quick Summary:

Motilal Oswal Financial Services initiated coverage on NAM India with a BUY rating and a one-year target price of Rs 900.

This growth is driven by a recent improvement in fund performance, evident from the increase in the number of schemes appearing in the top quartile, based on a three-year return, from two in April 2021 to five in October 2024.

In the last three days, the stock price of NAM India has soared 14 per cent.

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NAM India surges 9%, hits new high; market cap touches Rs 50,000 crore - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 15:13:02 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 669 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24319132

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 103 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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