# NUVAMA (NUVAMA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/nuvama

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,713.7
- Change: +1.56%
- As of: 2026-09-18
- 1D return: +1.56%
- 5D return: -2.51%
- 1M return: -0.82%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, Nuvama is trading below key short-term moving averages on the daily timeframe, suggesting a cautious technical stance despite a bullish longer-term trend.

The daily timeframe shows the price below the 20-day EMA (1751.6), 50-day EMA (1747.31), and 20-day SMA (1768.42), indicating short-term weakness. However, the price remains above the 200-day SMA (1516.39) and the daily Supertrend (1649.65), suggesting the broader trend may still be intact. The weekly and monthly timeframes both exhibit bullish Supertrend readings and prices above their respective moving averages, indicating alignment on longer timeframes.

Nearest support is observed at ₹1710.07, followed by ₹1696.03. Resistance is noted at ₹1732.73 and ₹1746.77. The stock's current position is within its 252-day range, approximately 64% of the way up from the low. Recent anomalies include a moderate downward price move of 4% on September 15, 2026, and a high-severity downward gap of 1% on September 11, 2026.

Key watch conditions include monitoring the price action around the ₹1710.07 support level. A break below this could signal further downside. Conversely, a sustained move above the ₹1732.73 resistance level may indicate a resumption of upward momentum.

- Current price: ₹1713.7 as of September 18, 2026.
- Nearest support level: ₹1710.07.
- Nearest resistance level: ₹1732.73.
- Daily timeframe shows price below short-term EMAs and SMAs, while weekly and monthly timeframes remain bullish.
- Watch for a break below ₹1710.07 or a sustained move above ₹1732.73 for potential trend confirmation.

- Inside Bar
- Bearish Engulfing Reversal
- Evening Star
- Doji

### News Context

Kanohar Electricals Systems made its stock market debut on September 16, 2026. The company's shares listed on the BSE and NSE at a premium of 8% to their Initial Public Offering (IPO) price. This listing followed a heavily subscribed IPO, which saw an overall subscription rate of 90.59 times. Ahead of the listing, the grey market premium (GMP) was reported at ₹192, suggesting an expected listing price of ₹824 per share.

- Kanohar Electricals Systems listed on BSE and NSE on September 16, 2026.
- The stock debuted at an 8% premium to its IPO price.
- The IPO was subscribed 90.59 times overall.
- A grey market premium of ₹192 was reported prior to the listing.

- Kanohar Electricals listing: Stock makes debut at 8% premium to IPO price
- Kanohar Electricals IPO listing today: GMP at ₹192; Share price prediction ahead of NSE, BSE debut

### What Changed

As of September 18, 2026, Nuvama Wealth Management (NUVAMA) on the NSE has seen a slight increase in its stock price, moving from ₹1687.4 to ₹1713.7 between the prior observation and the current date. No new filings or news developments were reported during this period. The company's profile and exchange listing remain unchanged.

- Nuvama Wealth Management's stock price increased to ₹1713.7 on September 18, 2026, from ₹1687.4 previously.
- No new filings were reported for Nuvama Wealth Management as of September 18, 2026.
- No new news developments were reported for Nuvama Wealth Management as of September 18, 2026.
- The company continues to be listed on the NSE.

### Official Filings

Nuvama Wealth Management Limited has disclosed the allotment of 230,858 equity shares on September 7, 2026, as part of its employee stock option and rights schemes. This issuance, which increased the total number of outstanding shares from 18,42,18,248 to 18,44,49,106, was approved by the board on December 9, 2022, but required disclosure only after the company became listed. The company also announced its participation in several investor events in September 2026, including the UBS India Summit on September 11, 2026, and the J.P. Morgan India Conference on September 21, 2026. Additionally, Nuvama Wealth Management will hold its 33rd Annual General Meeting (AGM) on September 28, 2026, via video conference. The agenda for the AGM includes the adoption of financial statements for the fiscal year ended March 31, 2026, and the re-appointment of directors. For the fiscal year 2025-26, the company reported revenue of INR 3,122 crore and an operating profit after tax of INR 1,049 crore, with client assets exceeding INR 4.5 lakh crore.

- On September 7, 2026, 230,858 equity shares were allotted under employee schemes, increasing the total outstanding shares to 18,44,49,106.
- Nuvama Wealth Management Limited will participate in the UBS India Summit on September 11, 2026, and the J.P. Morgan India Conference on September 21, 2026.
- The company's 33rd Annual General Meeting is scheduled for September 28, 2026, to approve financial statements for FY ended March 31, 2026, and re-appoint directors.
- For FY 2025-26, reported revenue was INR 3,122 crore and operating profit after tax was INR 1,049 crore.
- Client assets under management surpassed INR 4.5 lakh crore for FY 2025-26.

- Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 230858 Shares. |SUBJECT: ESOP/ESOS/ESPS
- Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Nuvama Wealth Management Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Nuvama Wealth Management Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Nuvama Wealth Management Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Nuvama Wealth Management Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Nuvama Wealth Management Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026 |SUBJECT: Shareholders meeting
- Nuvama Wealth Management Limited has informed the Exchange regarding 'Letter to Members in relation to Notice of the 33rd Annual General Meeting and Annual Report for FY 2026'. |SUBJECT: Updates

### Fundamentals

Nuvama Wealth Management reported a sequential increase in revenue from operations for the periods ending Q3 FY2025-26, Q4 FY2025-26, and Q1 FY2026-27, rising from ₹1,104.19 crore to ₹1,376.22 crore. Profit Before Tax also showed an upward trend over the same periods, moving from ₹340.57 crore to ₹408.07 crore. Interest Earned demonstrated consistent growth, increasing from ₹473.72 crore in Q3 FY2025-26 to ₹626 crore in Q1 FY2026-27. The company's tax expense fluctuated, standing at ₹86.36 crore in Q3 FY2025-26, ₹86.25 crore in Q4 FY2025-26, and ₹104.88 crore in Q1 FY2026-27. The effective tax rate, calculated as Tax Expense divided by Profit Before Tax, was approximately 25.3% in Q3 FY2025-26, 24.9% in Q4 FY2025-26, and 25.7% in Q1 FY2026-27, indicating a relatively stable tax burden.

- Revenue from operations increased from ₹1,104.19 crore in Q3 FY2025-26 to ₹1,376.22 crore in Q1 FY2026-27.
- Profit Before Tax grew from ₹340.57 crore in Q3 FY2025-26 to ₹408.07 crore in Q1 FY2026-27.
- Interest Earned rose from ₹473.72 crore in Q3 FY2025-26 to ₹626 crore in Q1 FY2026-27.
- Tax Expense was ₹86.36 crore in Q3 FY2025-26, ₹86.25 crore in Q4 FY2025-26, and ₹104.88 crore in Q1 FY2026-27.
- The effective tax rate remained around 25% across the reported quarters.

### Bull Case

Nuvama Wealth Management's technical indicators show a generally constructive setup across multiple timeframes as of September 18, 2026. The stock is trading above key moving averages on a weekly and monthly basis, with bullish signals from the Supertrend indicator on both timeframes. Daily trend analysis also indicates a bullish Supertrend direction. While the daily trend shows some short-term downward pressure on moving averages, the longer-term weekly and monthly trends suggest underlying strength. The stock has also demonstrated significant positive returns over the past year (0.34) and year-to-date (0.17), with a notable 6-month return of 0.45.

- The Supertrend indicator is signaling 'bullish' on daily, weekly, and monthly timeframes as of September 18, 2026.
- The stock's closing price of ₹1713.7 on September 18, 2026, is above the weekly Supertrend level of ₹1436.48 and the monthly Supertrend level of ₹1115.25.
- Nuvama Wealth Management has achieved a 1-year return of 0.34 and a year-to-date return of 0.17.
- The 6-month return for Nuvama Wealth Management stands at 0.45.

- Kanohar Electricals listing: Stock makes debut at 8% premium to IPO price
- Kanohar Electricals IPO listing today: GMP at ₹192; Share price prediction ahead of NSE, BSE debut

### Bear Case

The company's recent performance shows mixed signals. While the 1-year return was positive at 0.34 and year-to-date return stood at 0.17, the 10-year return was negative at -0.07. The stock is currently trading below its 20-day and 50-day Exponential Moving Averages (EMAs), with negative slopes observed in the 5-day period for both. The current price of ₹1713.7 is also below the 20-day Simple Moving Average (SMA) of ₹1768.42. The stock has experienced a current drawdown of -0.13 and a maximum drawdown of -0.33, indicating periods of significant decline from its peak values. The Average True Range (ATR) as a percentage is 3.54, suggesting considerable price volatility.

- The 10-year return for the stock was -0.07 as of 2026-09-18.
- The current stock price of ₹1713.7 is below the 20-day EMA (₹1751.6) and 50-day EMA (₹1747.31).
- The stock is trading below its 20-day SMA of ₹1768.42.
- The company has experienced a current drawdown of -0.13 and a maximum drawdown of -0.33.

- Kanohar Electricals listing: Stock makes debut at 8% premium to IPO price
- Kanohar Electricals IPO listing today: GMP at ₹192; Share price prediction ahead of NSE, BSE debut

### FAQs

**What recent corporate actions have impacted Nuvama Wealth Management's share capital?**

On September 7, 2026, Nuvama Wealth Management Limited allotted 230,858 fully paid-up equity shares to employees upon the exercise of stock options. This increased the company's total equity share capital from 184,218,248 shares to 184,449,106 shares, and its paid-up share capital from INR 368,436,496 to INR 368,898,212.

**What is Nuvama Wealth Management's recent stock performance across different timeframes?**

As of September 18, 2026, Nuvama Wealth Management has shown varied returns. The stock has returned 34% over the last year (return_1y) and 45% over the last six months (return_6m). Year-to-date, the return is 17% (return_ytd). However, over the last month (return_1m), the return was -2%, and over the last 10 years (return_10), it was -7%.

**What are the key technical indicators for Nuvama Wealth Management as of September 18, 2026?**

On a daily basis, the closing price was ₹1713.7, with the Supertrend indicator showing a 'bullish' direction at ₹1649.65. The 20-day Exponential Moving Average (EMA) was ₹1751.6. On a weekly basis, the Supertrend was also 'bullish' at ₹1436.48, with the 20-day EMA at ₹1691.01. Monthly indicators also show a 'bullish' Supertrend at ₹1115.25, with the 20-day EMA at ₹1462.26.

**What upcoming investor events has Nuvama Wealth Management scheduled?**

Nuvama Wealth Management is scheduled to participate in several investor events in September 2026. These include the UBS India Summit on September 11, 2026, the J.P. Morgan India Conference on September 21, 2026, and the Nuvama Emerging India CEO Forum on September 28, 2026.

- Kanohar Electricals listing: Stock makes debut at 8% premium to IPO price
- Kanohar Electricals IPO listing today: GMP at ₹192; Share price prediction ahead of NSE, BSE debut
- Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 230858 Shares. |SUBJECT: ESOP/ESOS/ESPS
- Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Nuvama Wealth Management Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Nuvama Wealth Management Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Nuvama Wealth Management Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,696.03
- Risk regime: Price Risk Currently Contained

### Support levels
- 1428.8000000000002
- 1408.8384765625
- 1344.6125

### Resistance levels
- 1779
- 1903.9
- 1955

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.56% |
| return_10 | -6.82% |
| return_1m | -1.89% |
| return_1y | +33.80% |
| return_20 | -0.82% |
| return_3m | -0.39% |
| return_5 | -2.51% |
| return_6m | +45.40% |
| return_since_start | +22.59% |
| return_ytd | +17.50% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -33.00% |
| annualized_volatility | +41.78% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Record Profit and Revenue Offset by Share Base Expansion

Nuvama Wealth Management Limited reported its highest quarterly revenue and net profit in the available data for the quarter ended 30 June 2026, driven by growth in interest income and fees. However, a substantial increase in the number of shares outstanding reduced earnings per share, meaning the growth in total profit did not translate into higher per-share earnings for existing shareholders.

## Revenue Growth and Composition

Revenue from operations reached ₹1,376.22 crore, an 8.4% increase from the previous quarter (₹1,269.14 crore) and a 22.6% increase from the same quarter last year (₹1,122.65 crore). This marks a clear acceleration from the relatively flat revenue levels seen in the middle of the previous fiscal year, where the second and third quarters remained below ₹1,135 crore.

The primary driver of this growth was Interest Earned, which rose to ₹626 crore. This represents a 12.8% increase from the previous quarter (₹554.81 crore) and a 24.1% increase from the prior year quarter (₹504.32 crore). Interest income now accounts for roughly 45% of total revenue. Fees and Commission Income contributed ₹577.53 crore, and Net Gain on Fair Value Changes added ₹172.52 crore. The reported segment revenue of ₹1,381.96 crore reconciles cleanly with total revenue from operations plus other income of ₹5.74 crore.

## Profitability and Tax Expense

Profit Before Tax (PBT) grew to ₹408.07 crore, up 17.7% sequentially and 16.9% year-over-year. Sequentially, this growth outpaced the 8.4% increase in revenue. Net Profit (Profit for the period) was ₹305.64 crore, up 13.7% sequentially and 15.8% year-over-year.

The tax expense increased to ₹104.88 crore, a 21.6% rise from the previous quarter's ₹86.25 crore. This increase was driven by a swing in deferred tax from a credit of ₹1.85 crore in the prior quarter to a charge of ₹10.27 crore in the current quarter. Current tax expense was ₹94.61 crore. The accounting identity for tax holds for the quarter, with Current Tax and Deferred Tax summing to the reported Tax Expense.

## Earnings Per Share and Share Base

While total net profit increased by roughly 16% year-over-year, Basic Earnings Per Share from continuing operations fell from ₹73.36 in the first quarter of the prior fiscal year to ₹16.78 in the current quarter, a decline of 77%.

This divergence is mathematically explained by a massive increase in the weighted average number of shares outstanding. The implied share count rose from approximately 3.6 crore shares in the prior year quarter to over 18 crore shares in the current quarter. For an investor focused on per-share value creation, this dilution is the defining financial event of the quarter, completely offsetting the headline profit growth.

## Management Commentary

Nuvama Wealth Management reported its highest-ever quarterly profit of ₹306 Cr for Q1 FY27, with consolidated revenues crossing ₹909 Cr and client assets surpassing ₹5 trillion. The Wealth Management segment led growth with a 20% YoY profit increase, supported by strong net new flows and traction in MPIS solutions. Asset Services maintained momentum with 34% revenue growth, while Capital Markets demonstrated resilience despite a volatile market environment, driven by exceptional performance in Fixed Income.

Management outlined an unchanged strategy focused on organic growth, technology adoption, and AI-enabled productivity tools to deepen client relationships. Key initiatives include securing a mutual fund license, closing a ₹4,000 Cr commercial real estate fund, and plans to double relationship manager capacity within 3-5 years. The company aims to build a full-stack offshore wealth management capability while maintaining disciplined capital allocation and high governance standards to capitalize on India's structural wealth creation opportunity.

## Key Takeaway

Nuvama Wealth Management delivered a record quarter in absolute profit and revenue, demonstrating strong operational momentum, particularly in interest income. However, the significant dilution of earnings per share is a critical counterpoint. For investors evaluating the company on a per-share basis, the headline profit growth does not translate into improved per-share earnings, making the capital structure change the most significant financial event of the quarter.

### Ratios

## Official filings

- 2026-09-07 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_07092026212504_SE_ESOPAllotment0709.pdf)
- 2026-09-07 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_21997_WebXMLFile_20260907_212910291.xml)
- 2026-09-04 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_04092026160054_SENewspaperCompaniesAct.pdf)
- 2026-09-04 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_21997_WebXMLFile_20260904_165127080.xml)
- 2026-09-04 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_04092026171414_SE_InvestorMeet_Final.pdf)
- 2026-09-04 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_04092026171249_SE_InvestorMeet_Final.pdf)
- 2026-09-04 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_04092026170939_SE_InvestorMeet_Final.pdf)
- 2026-09-03 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_21997_WebXMLFile_20260903_185350621.xml)
- 2026-09-03 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_03092026191715_SEAnnualReport.pdf)
- 2026-09-03 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_03092026192147_SE_LettertoShareholers.pdf)
- 2026-09-02 — Litigation Disclosure: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_21997_WebXMLFile_20260902_222018412.xml)
- 2026-09-02 — Litigation Disclosure: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_02092026221351_SE_Supreme_court_Order_NCL-NCSL.pdf)
- 2026-09-01 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_01092026165134_SE_Newspaper_MCA_Circular.pdf)
- 2026-09-01 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_01092026194702_SE_SARsGrant_September_1_2026_F.pdf)
- 2026-08-24 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_24082026230118_SE_ESOPAllotment2408.pdf)
- 2026-08-06 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_21997_WebXMLFile_20260806_180828477.xml)
- 2026-08-06 — Generic Announcement: On August 6, 2026, Nuvama Wealth Management Limited approved the allotment of 10,18,986 equity shares, face value Rs. 2 each, to employees upon exercise of stock options and appreciation rights. This allotment increased the company's total equity shares from 18,25,96,561 to 18,36,15,547. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_06082026170153_SE_ESOPAllotment0608.pdf)
- 2026-08-05 — Generic Announcement: Nuvama Wealth Management Limited representatives will attend investor meetings from August 11-12, 2026, in Singapore for the Nuvama India Conference 2026 (Singapore Edition), on August 13, 2026, in Hong Kong for the Nuvama India Conference 2026 (Hong Kong Edition), and on August 18, 2026, in Mumbai for the Motilal Oswal 22nd Annual Global Investor Conference, 2026. Discussions will cover the investor presentation for the quarter ended June 30, 2026, with no unpublished price-sensitive information to be shared. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_05082026165645_SE_InvestorMeet_Final.pdf)
- 2026-08-05 — Earnings Presentation: Nuvama Wealth Management Limited has released its unaudited consolidated financial results for the quarter ended June 30, 2026, presented in US Dollars. The company reported total revenues of US $100 million, a 18% year-over-year increase, and an operating profit after tax of US $34 million, up 16% year-over-year. Client assets reached US $58,916 million, with Nuvama Wealth client assets growing 17% year-over-year to US $13,593 million and Nuvama Private client assets increasing 10% year-over-year to US $26,395 million. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_05082026183617_SE_InvestorPPT_Dollars.pdf)
- 2026-08-05 — Official Filing: Nuvama Wealth Management Limited will participate in multiple investor events. The company will attend the Nuvama India Conference 2026 (Singapore Edition) on August 11, 2026, in Singapore, and the Nuvama India Conference 2026 (Hong Kong Edition) on August 13, 2026, in Hong Kong. Additionally, Nuvama will participate in the Motilal Oswal 22nd Annual Global Investor Conference on August 18, 2026, in Mumbai.
- 2026-08-05 — Generic Announcement: Nuvama Wealth Management Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_21997_WebXMLFile_20260805_184430340.xml)
- 2026-08-05 — Generic Announcement: Nuvama Wealth Management Limited representatives will attend investor meetings from August 11-12, 2026, in Singapore for the Nuvama India Conference 2026 (Singapore Edition), on August 13, 2026, in Hong Kong for the Nuvama India Conference 2026 (Hong Kong Edition), and on August 18, 2026, in Mumbai for the Motilal Oswal 22nd Annual Global Investor Conference, 2026. Discussions will cover the investor presentation for the quarter ended June 30, 2026, with no unpublished price-sensitive information to be shared. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_05082026165418_SE_InvestorMeet_Final.pdf)
- 2026-08-05 — Generic Announcement: Nuvama Wealth Management Limited representatives will attend investor meetings from August 11-12, 2026, in Singapore for the Nuvama India Conference 2026 (Singapore Edition), on August 13, 2026, in Hong Kong for the Nuvama India Conference 2026 (Hong Kong Edition), and on August 18, 2026, in Mumbai for the Motilal Oswal 22nd Annual Global Investor Conference, 2026. Discussions will cover the investor presentation for the quarter ended June 30, 2026, with no unpublished price-sensitive information to be shared. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_05082026165832_SE_InvestorMeet_Final.pdf)
- 2026-08-05 — Generic Announcement: Nuvama Wealth Management Limited reported a strong Q1 FY27 with record quarterly profits exceeding INR300 crores and client assets crossing INR5 lakh crores. Quarterly revenues surpassed INR900 crores, and PAT reached an all-time high. The company's Return on Equity (ROE) remains near 30%. Key business segments like Nuvama Wealth saw revenue growth of 20% in MPIS and INR3,000 crores in net new money, while Nuvama Private's ARR assets grew 20% to INR58,000 crores. The PRIME commercial real estate fund closed at INR4,000 crores, exceeding its target. The company also received SEBI Mutual Fund approval and is applying for an SIF license. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_05082026174659_SE_Transcipt_Q1FY27.pdf)
- 2026-08-02 — Generic Announcement: Nuvama Wealth Management Limited announced that resolutions related to the "Nuvama Wealth Management Limited Employee Stock Appreciation Rights Scheme 2026" for employees of the company, subsidiaries, and associates, as well as revisions to the remuneration terms for MD & CEO Mr. Ashish Kehair and Executive Director Mr. Shiv Sehgal, were approved by shareholders via postal ballot. The voting results, based on the scrutinizer's report dated August 1, 2026, confirmed the approval with the requisite majority, with the last day of remote e-voting being August 1, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/NWML_02082026175539_SE_PB_Outcome.pdf)

## News and market events

- 2026-09-16 — BUSINESSTODAY: **Kanohar Electricals listing: Stock makes debut at 8% premium to IPO price** — Kanohar Electricals IPO, Kanohar Electricals IPO allotment status, Kanohar Electricals IPO application status, Kanohar Electricals IPO allotment, Kanohar Electricals IPO GMP, Kanohar Electricals IPO GMP today, Kanohar Electricals IPO allotment odds, Kanohar Electricals IPO listing date, Kanohar Electricals IPO subscription status, Kanohar Electricals IPO allotment probability, Kanohar Electricals Systems IPO status check, Kanohar Electricals IPO share allotment, Kanohar Electricals IPO registrar MUFG, Kanohar Electricals IPO NSE allotment status, Kanohar Electricals IPO BSE allotment status — [Source](https://www.businesstoday.in/markets/stocks/story/kanohar-electricals-listing-stock-makes-debut-at-premium-to-ipo-price-555793-2026-09-16)
- 2026-09-16 — Mint: **Kanohar Electricals IPO listing today: GMP at  ₹192; Share price prediction ahead of NSE, BSE debut** — Kanohar Electricals IPO will list today at 10:00 IST on BSE and NSE. The IPO was heavily subscribed, with a 90.59 times overall subscription and a grey market premium of +192, indicating a successful listing expected at  ₹824 per share. — [Source](https://www.livemint.com/market/ipo/kanohar-electricals-ipo-listing-today-gmp-at-rs-192-share-price-prediction-ahead-of-nse-bse-debut-11789519138575.html)
- 2026-09-11 — BUSINESSTODAY: **Kanohar Electricals IPO: Ways to allotment status on BSE, NSE & MUFG; odds of getting shares & GMP** — Kanohar Electricals IPO, Kanohar Electricals IPO allotment status, Kanohar Electricals IPO application status, Kanohar Electricals IPO allotment, Kanohar Electricals IPO GMP, Kanohar Electricals IPO GMP today, Kanohar Electricals IPO allotment odds, Kanohar Electricals IPO listing date, Kanohar Electricals IPO subscription status, Kanohar Electricals IPO allotment probability, Kanohar Electricals Systems IPO status check, Kanohar Electricals IPO share allotment, Kanohar Electricals IPO registrar MUFG, Kanohar Electricals IPO NSE allotment status, Kanohar Electricals IPO BSE allotment status — [Source](https://www.businesstoday.in/markets/ipo-corner/story/kanohar-electricals-ipo-ways-to-allotment-status-on-bse-nse-mufg-odds-of-getting-shares-gmp-554829-2026-09-11)
- 2026-09-11 — MONEYCONTROL: **Kanohar Electricals IPO allotment today: GMP at 38% — check status on BSE, NSE and registrar** — Kanohar Electricals IPO, Kanohar Electricals IPO subscription, Kanohar Electricals IPO GMP, Kanohar Electricals GMP today, Kanohar Electricals IPO price, Kanohar Electricals IPO price band, Kanohar Electricals IPO allotment, Kanohar Electricals IPO listing date, Kanohar Electricals IPO details, Kanohar Electricals IPO Day 1 subscription, Kanohar Electricals IPO grey market premium, Kanohar Electricals IPO investors, Kanohar Electricals shares, Kanohar Electricals IPO latest news, Kanohar Electricals IPO NSE, Kanohar Electricals IPO BSE — [Source](https://www.moneycontrol.com/news/business/ipo/kanohar-electricals-ipo-allotment-status-latest-gmp-check-on-bse-nse-registrar-14027649.html)
- 2026-09-11 — Economic Times: **Kanohar Electricals IPO allotment likely today: GMP signals 35% listing gains. Here’s how to check status** — The Rs 1,055.74-crore Kanohar Electricals IPO is expected to finalise its share allotment today. Once the allotment is announced, investors will be able to check online whether they have been allotted shares. The companys stock is tentatively scheduled to list on both the BSE and NSE on September 16, 2026. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/kanohar-electricals-ipo-allotment-likely-today-gmp-signals-35-listing-gains-heres-how-to-check-status/articleshow/134040818.cms)
- 2026-09-11 — CNBC-TV18: **Rentomojo IPO Day 3: Issue subscribed 4.70 times so far; GMP signals 33% premium** — In the grey market, Rentomojo shares are commanding a premium of ₹135 per share, implying a premium of more than 33% over the upper end of the issue price. However, grey market premiums (GMPs) are speculative and the actual listing price may differ from the levels indicated by the GMP. — [Source](https://www.cnbctv18.com/market/rentomojo-ipo-day-3-subscription-details-gmp-signals-allotment-listing-date-19988944.htm)
- 2026-09-10 — Mint: **Kanohar Electricals IPO GMP jumps 36% on last bidding day. Check latest subscription, review. Apply or not?** — Kanohar Electricals IPO opened for subscription from September 8 to September 10, with a price band of  ₹601–632. The IPO's grey market premium stands at +225, indicating an optimistic listing price of  ₹857, a 35.60% increase from the upper price band. — [Source](https://www.livemint.com/market/ipo/kanohar-electricals-ipo-gmp-jumps-36-on-last-bidding-day-check-latest-subscription-review-apply-or-not-11789017602037.html)
- 2026-09-10 — Economic Times: **Kanohar Electricals IPO Day 3: GMP signals 35% premium, subscription crosses 10x. Should you subscribe?** — Kanohar Electricals IPO entered its final bidding day after being subscribed 10.22 times by Day 2. A 35% grey market premium and positive brokerage recommendations have boosted investor interest. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/kanohar-electricals-ipo-day-3-gmp-signals-35-premium-subscription-crosses-10x-should-you-subscribe/articleshow/133993542.cms)
- 2026-09-08 — MONEYCONTROL: **Kanohar Electricals IPO: Issue booked 25% so far on opening day; GMP at 31%** — Kanohar Electricals IPO, Kanohar Electricals IPO subscription, Kanohar Electricals IPO GMP, Kanohar Electricals GMP today, Kanohar Electricals IPO price, Kanohar Electricals IPO price band, Kanohar Electricals IPO allotment, Kanohar Electricals IPO listing date, Kanohar Electricals IPO details, Kanohar Electricals IPO Day 1 subscription, Kanohar Electricals IPO grey market premium, Kanohar Electricals IPO investors, Kanohar Electricals shares, Kanohar Electricals IPO latest news, Kanohar Electricals IPO NSE, Kanohar Electricals IPO BSE — [Source](https://www.moneycontrol.com/news/business/ipo/kanohar-electricals-ipo-gmp-issue-booked-25-so-far-on-opening-day-gmp-at-31-14024949.html)
- 2026-09-07 — Mint: **Inside Rashesh Shah’s plan to incubate and scale Edelweiss businesses | Company Business News** — As proof of the group’s track record in incubating and then offloading investments, Shah cited the case of Nuvama Wealth Management, a company that got listed in 2023, where Edelweiss shareholders received 30% of the shares. — [Source](https://www.livemint.com/companies/news/edelweiss-group-chairman-rashesh-shah-new-business-listing-plans-11788678191214.html)
- 2026-09-04 — Mint: **SEBI circular on CAS impact: Groww, Angel One, BSE shares jump up to 8% - What regulator said and investors should know** — SEBI's recent circular on the Closing Auction Session (CAS) triggered notable stock price increases among brokerages and the BSE. The regulator considers proposed changes based on stakeholder feedback. — [Source](https://www.livemint.com/market/stock-market-news/sebi-circular-on-cas-impact-groww-angel-one-bse-shares-jump-up-to-8-what-regulator-said-and-investors-should-know-11788508903861.html)
- 2026-09-04 — BUSINESSTODAY: **Manipal Payment IPO opens on September 09; check price band, issue size, financials & key details** — Manipal Payment and Identity Solutions IPO, Manipal Payment IPO, Manipal Payment IPO, Manipal Payment IPO 2026, Manipal Payment IPO date, Manipal Payment IPO details, Manipal Payment IPO issue size, Manipal Payment IPO opening date, Manipal Payment IPO closing date, Manipal Payment IPO allotment date, Manipal Payment IPO listing date, Manipal Payment IPO offer for sale, Manipal Payment IPO fresh issue, Manipal Payment IPO shareholders, Manipal Payment IPO financials, Manipal Payment IPO GMP, Manipal Payment IPO subscription, Manipal Payment IPO investors, Manipal Payment public issue, Manipal Payment IPO analysis — [Source](https://www.businesstoday.in/markets/ipo-corner/story/manipal-payment-ipo-opens-on-september-09-check-price-band-issue-size-financials-key-details-553329-2026-09-04)
- 2026-09-03 — BUSINESSTODAY: **Kanohar Electricals IPO to open on September 8; check price band, other key details** — Kanohar Electricals IPO, Kanohar Electricals IPO 2026, Kanohar Electricals IPO price band, Kanohar Electricals shares, Kanohar Electricals IPO date, Kanohar Electricals IPO subscription, Kanohar Electricals IPO allotment, Kanohar Electricals IPO listing, transformer manufacturing, transformer stocks, power transmission, renewable energy, EPC business, NSE, BSE, Nuvama Wealth Management, IIFL Capital Services — [Source](https://www.businesstoday.in/markets/ipo-corner/story/kanohar-electricals-ipo-to-open-on-september-8-check-price-band-other-key-details-553117-2026-09-03)
- 2026-09-01 — Economic Times: **HSBC Joins Private Equity in Race for Nuvama** — Europes largest lender HSBC is competing with global private equity buyout groups to acquire Nuvama Wealth and Investment Ltd, said people in the know. — [Source](https://economictimes.indiatimes.com/et-front/hsbc-joins-pes-in-race-for-nuvama/articleshow/133663091.cms)
- 2026-08-31 — BUSINESSTODAY: **Augmont Enterprises shares make a decent market debut; stock list at 22% premium on NSE** — Augmont Enterprises, Augmont Enterprises IPO, Augmont Enterprises IPO shares listing price, Augmont Enterprises IPO shares listing, Augmont Enterprises IPO listing price, Augmont Enterprises IPO share price, Augmont Enterprises IPO gmp, Augmont Enterprises IPO latest gmp, Augmont Enterprises IPO grey market premium, Augmont Enterprises IPO news — [Source](https://www.businesstoday.in/markets/stocks/story/augmont-enterprises-shares-make-a-decent-market-debut-stock-list-at-22-premium-on-nse-552144-2026-08-31)
- 2026-08-28 — Mint: **Augmont Enterprises IPO GMP today: What grey market premium signals ahead of listing** — Augmont Enterprises' IPO, which saw 111 times subscription, is set to list on August 31. The shares are trading at a premium of  ₹300 in the grey market. Proceeds from the IPO will support working capital and inventory needs, amidst strong operational growth. — [Source](https://www.livemint.com/market/ipo/augmont-enterprises-ipo-gmp-today-what-grey-market-premium-signals-ahead-of-listing-11787906266491.html)
- 2026-08-26 — BUSINESSTODAY: **Augmont Enterprises IPO: Odds of share allotment, Ways to check application status, GMP & more** — Augmont Enterprises IPO allotment status, Augmont IPO allotment status, Augmont Enterprises IPO allotment, Augmont IPO allotment date, Augmont Enterprises IPO status check, Augmont IPO share allotment, Augmont IPO allotment today, Augmont Enterprises IPO GMP, Augmont Enterprises IPO listing date, Augmont Enterprises IPO subscription status, Augmont Enterprises IPO allotment probability, Augmont IPO NSE allotment status, Augmont IPO BSE allotment status, how to check Augmont IPO allotment status, How to check Augmont Enterprises IPO allotment status, Augmont IPO allotment status online, Augmont IPO allotment status on MUFG Intime, Augmont IPO allotment date, Augmont IPO allotment probability for retail investors, Augmont Enterprises IPO GMP today, Augmont Enterprises IPO listing date and GMP — [Source](https://www.businesstoday.in/markets/stocks/story/augmont-enterprises-ipo-odds-of-share-allotment-ways-to-check-application-status-gmp-more-551366-2026-08-26)
- 2026-08-25 — Mint: **Augmont Enterprises IPO Day 3: Issue booked 21.33x so far. GMP hints 41% listing pop. Apply or not?** — The Augmont Enterprises IPO was 14.46 times subscribed by the second day, reflecting strong investor interest. It is set at  ₹750-788 per share, closing on August 25, with a projected market cap of  ₹7,200 crore and estimated listing price of  ₹1,113 per share. — [Source](https://www.livemint.com/market/augmont-enterprises-ipo-day-3-issue-booked-21-33x-so-far-gmp-hints-41-listing-pop-apply-or-not-11787634287864.html)
- 2026-08-24 — Mint: **IPO: GMP over  ₹380 per share - Company specialises in gold, silver refining | What grey market signals at listing gain** — A significant grey market premium suggests that investors are increasingly tracking IPO GMP and subscription data to gauge potential listing performance. However, market participants should note that GMP is unofficial and highly volatile, and does not guarantee gains on the listing day. — [Source](https://www.livemint.com/market/ipo/ipo-gmp-over-rs-380-per-share-company-specialises-in-gold-silver-refining-what-grey-market-signals-at-listing-gain-11787560873073.html)
- 2026-08-21 — Mint: **Augmont Enterprises IPO Day 1 LIVE: GMP, subscription status to review. Apply or not?** — Augmont Enterprises IPO GMP today: According to market observers, the grey market is signalling 38% listing pop — [Source](https://www.livemint.com/market/ipo/augmont-enterprises-ipo-day-1-live-gmp-subscription-status-to-review-apply-or-not-11787282345630.html)
- 2026-08-21 — The Hindu: **Augmont Enterprises IPO opens today at ₹750-788** — ₹825-crore issue includes ₹620-crore fresh issue; company raised ₹246.29 crore from 14 anchor investors — [Source](https://www.thehindubusinessline.com/markets/augmont-enterprises-ipo-opens-today-at-750-788/article71372032.ece)
- 2026-08-18 — BUSINESSTODAY: **Augmont Enterprises IPO to open on August 21; check price band, issue size, latest GMP, & more** — Augmont Enterprises IPO, Augmont IPO, Augmont Enterprises IPO date, Augmont IPO details, Augmont Enterprises IPO 2026, Augmont Enterprises IPO opening date, Augmont IPO issue size, Augmont IPO allotment date, Augmont IPO listing date, Augmont IPO GMP, Augmont Enterprises IPO subscription, Augmont IPO lot size, Augmont Enterprises IPO review, Augmont Enterprises IPO financials, Augmont IPO latest news, Augmont Enterprises IPO date and details, Augmont IPO allotment and listing date Augmont Enterprises IPO GMP today, Augmont IPO subscription dates, Augmont Enterprises IPO should you apply, Augmont Enterprises IPO financial performance, Augmont Enterprises IPO fresh issue and OFS, Augmont IPO BSE NSE listing — [Source](https://www.businesstoday.in/markets/ipo-corner/story/augmont-enterprises-ipo-to-open-on-august-21-check-price-band-issue-size-latest-gmp-more-549806-2026-08-18)
- 2026-08-18 — MONEYCONTROL: **Augmont Enterprises to open Rs 825-crore IPO on August 21, sets price band at Rs 750-788 per share** — Augmont Enterprises IPO news,Augmont Enterprises IPO details,Augmont Enterprises IPO opening date,Augmont Enterprises IPO size,Augmont Enterprises IPO date,Augmont Enterprises IPO price band,Augmont Enterprises IPO allotment date,Augmont Enterprises IPO listing date, — [Source](https://www.moneycontrol.com/news/business/ipo/augmont-enterprises-to-open-rs-825-crore-ipo-on-august-21-sets-price-band-at-rs-750-788-per-share-14008275.html)
- 2026-08-06 — Times of India: **Top stocks to buy today: Stock recommendations for August 6, 2026 - check list** — India Business News: Top stock market recommendations: Ambuja Cements, Asahi India Glass, and Pfizer - these stocks have been identified as the top buy calls for August 6,. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-06-2026-ambuja-cements-asahi-india-glass-pfizer-best-stocks-to-buy-today/articleshow/132979582.cms)
- 2026-08-03 — MONEYCONTROL: **Buy Nuvama Wealth; target of Rs 2100: Motilal Oswal** — Nuvama Wealth, Motilal Oswal, Recommendations, Buy — [Source](https://www.moneycontrol.com/news/business/buy-nuvama-wealth-target-of-rs-2100-motilal-oswal-13992719.html)

## Business profile

**Strategic vision:** Provides wealth management, asset management, and capital markets services.

### Business segments
- **Wealth Management:** Core services focused on managing client assets and financial planning.
- **Asset Management:** Services related to managing investment portfolios and funds.
- **Asset Services:** Ancillary services supporting asset management and wealth preservation.
- **Capital Markets:** Involvement in capital markets operations and related services.

### Competitive strengths
- Operates in multiple international markets.
- Offers a diversified range of financial services.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/nuvama
Markdown representation: https://faxioms.com/stocks/nuvama?render=md