Nippon Life AMC shares surge 6% after Q4 profit jumps 29% to Rs 385 crore


Shares of Nippon Life India Asset Management surged 6.14% to Rs 1,051 during Tuesday’s trading session after the asset manager reported robust earnings for the fourth quarter of FY26. The company posted a 29% year-on-year rise in consolidated net profit at Rs 385 crore for Q4FY26, compared with Rs 299 crore in the corresponding period last year.

Total income for the quarter grew 19.6% YoY to Rs 705 crore, up from Rs 590 crore in the previous fiscal.

Alongside its earnings, the company announced a final dividend of Rs 12.50 per share for FY26, subject to shareholder approval at its Annual General Meeting scheduled for July 8, 2026. The record date is set for June 26, 2026, with dividend payments commencing July 10, 2026. Including the interim dividend of Rs 9 per share paid in November 2025, the total dividend payout for FY26 is Rs 21.50 per share.

In its investor presentation for Q4 and the full fiscal year, the company highlighted steady growth in systematic investment plan (SIP) contributions. Monthly SIP inflows rose 24% year-on-year, reaching an all-time high of Rs 321 billion in March 2026.

The number of contributing SIP folios increased 20% YoY, while SIP assets under management (AUM) grew 13% over the same period. The company’s retail AUM share stood at 27%, marginally above the industry average of 26%.


Share Price and Technical View


The stock has already surged 27% over the past month. It is currently trading at a market capitalization of Rs 65,525 crore. Its 52-week high stands at Rs 1,065, while the 52-week low is Rs 1,048.

On the technical front, Trendlyne data shows the stock’s 14-day Relative Strength Index (RSI) at 56.7, indicating a neutral momentum zone, as levels below 30 are considered oversold and above 70 overbought. The stock is also trading above all eight of its key simple moving averages, signaling a bullish trend.

Shareholding data for the March 2026 quarter indicates a slight reduction in foreign institutional investor (FII) holdings to 7.35% from 7.90% in the previous quarter.

Promoter stake also edged lower to 71.93% from 72.05%. Meanwhile, mutual fund holdings increased to 9.95%, up from 8.73% in the December 2025 quarter.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Leave a Reply

Back To Top