Nippon Life India Asset Management gains on Q3 profit jump

Nippon Life India Asset Management

30/01/2026 05:57

** Shares of Nippon Life India Asset Management NIPF.NS up 4.1% to 896.50 rupees, on track to gain for third straight session

** Stock had risen as much as 6.9% earlier in the session

** NIPF's Q3 consol net profit rises about 37%; rev grew 20% year-on-year

** Motilal Oswal says it has increased its earnings estimates to reflect higher revenue driven by improved yields, along with lower expenses due to better operating cost performance

** BOBCaps says NIPF continues to benefit from the consistent long-term fund performance, aiding steady flows and thereby better-than-industry performance

** Avg rating of 21 analysts equivalent of "buy", median PT is 1,000 rupees - data compiled by LSEG

** Stock rose 21% in 2025

($1 = 91.9230 7Indian rupees)

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))