Nuvama Wealth Management
7,020.50
-205.00(-2.84%)
Market Cap₹26,058.20 Cr
PE Ratio24.61
Company Performance:
1D-2.84%
1M+10.30%
6M+17.68%
1Y-2.29%
5Y+168.73%
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More news about Nuvama Wealth Management
13Aug 25
SEBI's New Broker Regulations Set to Benefit Large Tech-Driven Brokerages
SEBI has introduced updated regulations for brokers, aimed at streamlining operations and reducing costs. The new rules ease compliance requirements, minimize redundancies, and align with technological advancements in the industry. These changes are expected to benefit large, technology-driven brokerages by reducing operational costs and enhancing scalability. The regulations may accelerate the trend towards tech-driven brokerage services, potentially reshaping the competitive landscape of the industry.
31Jul 25
Income Tax Department Raids Jane Street and Nuvama Wealth Management
The Income Tax Department has initiated search operations at the offices of Jane Street and Nuvama Wealth Management in India. These raids are part of ongoing investigations by tax authorities, though the specific nature of these investigations has not been disclosed. Jane Street is a global trading firm known for quantitative strategies, while Nuvama Wealth Management is a prominent Indian financial services company. The full scope and reasons for these searches remain undisclosed, but they could have potential implications for both companies and the broader financial services sector in India.
31Jul 25
Nuvama Wealth Management Under Income Tax Department Scrutiny
The Income Tax Department has initiated search operations at Nuvama Wealth Management Limited (formerly Edelweiss Securities Limited) and Jane Street as part of an ongoing investigation. The searches are currently underway at both firms, potentially examining financial records and transactions for tax compliance. This development could have significant implications for Nuvama Wealth Management, a major player in Indian financial services offering wealth management, asset management, and capital markets services.
07Jul 25
Nuvama Shares Surge 4.3% on $1.6 Billion Buyout Talks Amid Regulatory Challenges
Nuvama Wealth Management's shares rose 4.3% following reports of a potential $1.6 billion buyout by private equity firms including CVC Capital, Permira, EQT, and HSBC. PAG, the current majority stakeholder, is looking to sell its 54.78% stake. Binding offers are expected by July end. This positive market reaction comes despite recent regulatory challenges from SEBI affecting Nuvama's major client, Jane Street.
04Jul 25
Nuvama Wealth Management Clarifies No Undisclosed Developments Amid Share Price Decline
Nuvama Wealth Management has issued a statement addressing concerns about its recent share price decline. The company clarified that there are no undisclosed material developments causing the price drop, no ongoing negotiations as reported in media, and no pending regulatory proceedings against them. Nuvama reaffirmed its compliance with SEBI disclosure requirements, aiming to dispel rumors and maintain investor confidence.
17Jun 25
Warburg Pincus Evaluates 54% Stake Purchase in Nuvama Wealth Management
Global private equity firm Warburg Pincus is reportedly considering acquiring a 54% stake in Nuvama Wealth Management, valued at $1.60 billion, from current majority stakeholder PAG. Nuvama Wealth, formerly Edelweiss Wealth Management, offers wealth management, asset management, and capital markets services. The company recently reported strong financial results with a 41% year-on-year growth in net profit to Rs 255 crore and a 29% increase in revenue to Rs 771 crore. JPMorgan and Morgan Stanley are likely advising on the potential sale.
29May 25
Nuvama Wealth Management Reports 41% Surge in Q4 Net Profit, Announces Dividend
Nuvama Wealth Management announced strong Q4 results with a 41% increase in net profit to ₹255 crore. Full-year net profit grew 58% to ₹985 crore. The company declared an interim dividend of ₹69 per share. Total income for Q4 reached ₹1,125 crore.
28May 25
Nuvama Wealth Management: Q4 Revenue Up, Profit Flat, ₹69 Dividend Declared
Nuvama Wealth Management's Q4 results show 8.30% revenue growth to ₹1,119.80 crore and 1.40% net profit increase to ₹255.30 crore. EBITDA declined 1.20% QoQ with margin contraction. The company declared an interim dividend of ₹69.00 per share, with June 3, 2025, as the record date.
27Feb 25
Nuvama Wealth Management Addresses Speculation on PAG's Potential Stake Sale
Nuvama Wealth Management has responded to market speculation about a potential $1.2 billion stake sale by its majority shareholder, PAG. In a BSE filing, the company stated that no event requiring disclosure under SEBI regulations has occurred. Reports suggest PAG, which holds a 54% stake, is considering a strategic review of its investment. Nuvama Wealth Management has committed to ongoing transparency and compliance with regulatory requirements.
Nuvama Wealth Management
7,020.50
-205.00
(-2.84%)
1 Year Returns:-2.29%
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