Dada amar mone hoy, ekhon eta overvalued Price to book value pray 5.85 , r Debt₹- 6,746 Cr. debt ta jodi bolten kotota important ekhane? Intrinsic Value,Graham Number onek kom
Your analysis of Nuvama falls in the line as it caters to HNIs and UHNIs they are more stable hence profitability but I believe when this company deals in more AUM then salary outage of the employees will also be high and if this wealth mgmt business gathers more steam in our country then they might face competition from others as well...though that is a far cry for the time though good prospect for investors and one more thing money flow is now towards these wealth management companies per say from banks as masses are more interested in MFs and Stocks not knowing, as you pointed out, market gets corrective...
-: Negative Points :- 1. Legal Dispute :- There is an ongoing legal dispute involving a subsidiary of the company, with a provision amounting to ₹21.54 crore set aside for the year ended March 31, 2024. This could pose financial and reputational risks . 2. Management Changes :- The resignation of the Chief Financial Officer might indicate potential instability or changes in the company's management structure, which could affect investor confidence . 3. High Liabilities :- The company's financial liabilities are quite substantial, with a total of ₹17,283.44 crore in March 2024, which could be a concern if not managed properly . Overall it is good stock to invest , I think.