India's Nuvama Wealth rises after Q4 profit rise

Nuvama Wealth Management

13/05/2024 09:18

** Shares of Nuvama Wealth Management  NUVA.NS  up 3.7% to
5,212 rupees, their biggest intraday gain since April 12
    ** Brokerage services provider's Q4 consol net profit more
than doubled to 1.81 billion rupees ($21.67 million)
    ** Total rev rose 51.34%
    ** More than 80,000 shares traded, 1.3x its 30-day avg
    ** Stock up 44% so far this year


($1 = 83.5226 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))