Reliance Nippon Life Asset Management

In the filing to BSE the company said that 99.659 of all votes cast by Reliance Nippon Life Asset Management Ltd's shareholders were in favour of the name change.

JM Financial downgrades these 2 AMCs after 100% rally in last 7 months

AMCs have had a strong run-up in the recent past, with HDFC AMC and RNAM up 119 percent and 91 percent respectively, since April 30, 2019.

These 4 newly-listed companies can be multibaggers despite hefty returns

Of the qualitative IPOs, we recommend four companies that listed in the last two-to-three years and have delivered consistent performance in a volatile market

RNAM Q2 PAT up 21% at Rs 137-cr on lower tax rate

Total income declined to Rs 322.60 crore in the second quarter of the ongoing fiscal from Rs 424 crore in the year-ago period.

Nippon Life Insurance completes acquisition of 75% stake in RNAM

The Japanese firm initially acquired 26 per cent stake in 2012.

Reliance Capital to sell 3.15% stake in Reliance Nippon to raise over Rs 505 cr

Reliance Capital, which is one of the promoters of the RNAM, has an option to sell an additional a little over 1.93 crore shares in case of over-subscription, RNAM said in regulatory filing

ADAG's exit from Reliance Nippon AMC to allay investor fears, may trigger re-rating

While a rightful discount to HDFC AMC is justified, RNAM is trading at a significant discount, which we think should now narrow following the change in parentage.

Reliance Nippon Life March qtr profit rises over 34% to Rs 151 cr

The company had logged a profit of Rs 112.61 crore in the same quarter a year ago, according to a BSE filing.

Reliance Capital invites Nippon Life to acquire 42.88% stake in its mutual fund business

Nippon Life Insurance already holds 42.88 percent stake in Reliance Nippon Life Asset Management

Reliance Nippon Life Asset Management gets Employees' State Insurance Corp mandate to manage its funds

After successfully fulfilling an independent competitive technical and financial bidding process, RNAM, the asset management joint venture of Reliance Capital and Nippon Life Insurance of Japan, has been awarded this mandate.

SEBI cap on MF fee income will have a widespread impact, and not just on AMCs

SEBI reducing MF charges will hurt wealth managers that largely rely on MF distribution revenue. AMCs are relatively better placed with multiple options to limit the adverse impact

Buy Reliance Nippon Life Asset Management; target of Rs 275: JM Financial

JM Financial is bullish on Reliance Nippon Life Asset Management has recommended buy rating on the stock with a target price of Rs 275 in its research report dated September 18, 2018.

HDFC AMC, Reliance Nippon Life plunge 8-11% as brokerages cut target sharply after MF fee cut by SEBI

54 percent of industry AUM is controlled by top 5 players and 75 percent of industry AUM is controlled by top 10 players.

Reliance Nippon AMC Q1: Re-rating in store; attractive buy

While a rightful discount to HDFC AMC is justified, RNAM is trading at a discount to IIFL wealth, which is unwarranted.

Reliance Nippon AMC Q4 net profit up 35% to Rs 162 cr

The company's total revenues increased to Rs 514 crore during the quarter under review from Rs 406 crore in the three months ended March 31, 2017.

Reliance Nippon AMC Q3 profit after tax up 25% at Rs 130 cr

The company's revenues stood at Rs 470 crore in the October-December quarter of the 2017-18 fiscal, a growth of 31 per cent over the year-ago period, RNAM said in a statement.

Buy Reliance Nippon Life Asset Management; target of Rs 350: JM Financial

JM Financial is bullish on Reliance Nippon Life Asset Management has recommended buy rating on the stock with a target price of Rs 350 in its research report dated January 09, 2018.

Reliance Nippon Life closes with 13% premium at Rs 284.40 on first day

On the BSE, the stock closed with a premium of 12.7 percent at Rs 284 after hitting day's high of Rs 298.70 and low of Rs 278.

Recommend investors to hold Reliance Nippon AMC: Haitong Securities

In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities shared his views and readings on the new listing of Reliance Nippon Life Asset Management.

Reliance Nippon AMC to make stock market debut on Monday

The company's IPO was oversubscribed 81.54 times during October 25-27, data available with the NSE showed.

Reliance Nippon Life Asset Management IPO fully subscribed soon after opening

The Rs 1,542-crore initial public offering of Reliance Nippon Life Asset Management (formerly Reliance Capital Asset Management) has been subscribed fully soon after opening for subscription on Wednesday.