Nuvama Wealth Management Limited (NUVAMA.NS)
Nuvama Wealth Management Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Mumbai, MA, IN. The stock last traded at $1696.70, down 0.59% on the session, giving a market capitalisation of $309.70B. Its beta of 0.39 implies it has historically moved less than the broad market.
Operating across India, Nuvama Wealth Management Limited specializes in wealth management, asset management, and capital markets activities. The company offers a range of services including debt advisory, clearing, and both portfolio and investment advisory. Furthermore, it engages in institutional and retail securities brokerage, distributes various financial products, provides lending services against securities, and manages investments for alternative investment funds. The firm, which was incorporated in 1993 and is based in Mumbai, India, was previously known as Edelweiss Securities Limited before officially adopting the name Nuvama Wealth Management Limited in August 2022.
Nuvama Wealth Management Limited is most often compared with the following Financial Services names: