NIPPON L I A M LTD

Nippon AMC Issues 1.68L Shares via ESOPs, Equity Capital Rises to ₹639.9 Cr

Nippon Life India Asset Management Ltd issued 1,67,994 shares via ESOPs and PSU schemes on Sep 15, 2026. Post allotment, paid-up equity capital increased to 63,99,49,560 shares, totaling Rs.639.9 crore. Source: BSE

Jefferies Sets ₹1,320 Target for Nippon AMC, Highlights Strong Fund Performance

Jefferies maintains Buy on Nippon Life India AMC with a target price of ₹1,320. Key drivers include strong fund performance, reduced key-person dependence, and B30 digital expansion. Source: Livesquawk

Nippon Life India AMC: Jefferies on Nippon Life India AMC Maintains Buy with Target Price of ₹1,320 as consistent top/upper-mid-tier fund performance, processes reducing key-person dependence and expansion into B30 markets through digital channels support sustainable market-share and flow gains.

Nippon Life India AMC: Nomura on Nippon Life India AMC Maintains Buy with Target Price of ₹1,230 as a strong customer base of 40.2mn folios and 24.1mn unique investors supports AUM compounding, with HNI gains, MFD-led distribution and a maturing digital ecosystem supporting active and passive growth.

Nippon Life India AMC: HSBC on Nippon Life India AMC Maintains Hold with Target Price of ₹1,090 as continued investments in distribution, branding, B-100 cities and digital partnerships should expand customers and wallet share, while non-MF growth remains a focus but premium valuations limit rerating potential.

NAM India Q1 Profit Up 27% YoY; AUM Hits ₹8.62 Trn

NAM India Q1 FY27 PAT grew 27% YoY to INR 5.04 bn; AUM at INR 8.62 trn. NAM India leads market share growth among top 10 AMCs, with 176 bps increase in Q1 FY27. Source: BSE