Nippon Life India Asset Management jumps as systems recover post cyber attack

Nippon Life India Asset Management

22/04/2025 06:53

** Shares of Nippon Life India Asset Management NIPF.NS rise as much as 6% to 671.95 rupees

** NIPF on Monday updatedon April's cyber security incident saying its mobile application, website are now fully functional

** On April 10, co's IT infrastructure came under cyber attack after which it had shut down affected systems

** Stock on track for a third consecutive session of gain, if trend holds

** Avg rating of 18 analysts equivalent of "buy", median PT is 750 rupees - data compiled by LSEG

** Stock last up 5%, cutting YTD loss to 8.5%

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))