Nuvama Wealth Management Limited engages in wealth management, asset management, and capital markets businesses in India. The company offers a wealth management business, which includes the distribution of financial products, investment advisory, lending against securities and securities broking for clients in the wealth management business; and the asset management business comprises investment management for alternative investment funds (AIFs) and portfolio management services (PMS) across strategies. It also offers a capital market business comprised of an institutional broking business, merchant banking business, advisory and clearing services. 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.
Metrics to compare | NUVA | Peers Peers - average of corresponding metrics from companies closely matching NUVA: EMKAY, IIFLCAPS, MOTILALOFS, JMFINANCIL, DAMCAPITAL | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipNUVAPeersSector |
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P/E Ratio | 22.4x | 15.4x | 9.7x | |
PEG Ratio | 0.56 | −0.33 | 0.03 | |
Price/Book | 6.6x | 1.7x | 1.0x | |
Price / LTM Sales | 6.7x | 2.9x | 2.9x | |
Upside (Analyst Target) | 33.5% | −10.5% | 10.4% | |
Fair Value Upside | Unlock | 7.8% | 0.9% | Unlock |