Asia
Nomura Adjusts Nippon Life India Asset Management's Price Target to INR1,200 From INR1,050, Keeps at Buy
BOM:540767NSE:NAM-INDIA
4 stories mentioning BOM:540767Updated 36d ago
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Nippon Life India Asset Management (NSE:NAM-INDIA, BOM:540767) said its consolidated profit attributable to the owners rose to 3.85 billion Indian rupees in the fiscal fourth quarter from 2.99 billion rupees a year ago.Earnings per share for the quarter ended March 31 climbed to 5.93 rupees from 4.65 rupees a year earlier, according to a Monday filing.Revenue from operations increased year on year to 7.39 billion rupees from 5.67 billion rupees.Additionally, the board of the company recommended a final dividend of 12.50 rupees per share for fiscal year ended March 31.