Asset management company (AMC) stocks to buy, hold: Nomura suggest to buy 2 midcap and hold 1 smallcap stock for up to 24% gains
With a view that AMC stocks offer a long runway for growth, Nomura has initiated buy on few of the AMC stocks for gains up to 24 per cent.
ZeeBiz WebTeam | Oct 09, 2024, 09:07 AM IST
Global brokerage Nippon is bullish on asset management companies (AMCs) and says these companies provide strong play on financialization of savings. The brokerage pointed that the AMC's industry's AUM is expected to report a strong CAGR over FY24-30.
1/5
Stocks to buy: Nippon Life
2/5
Stocks to buy: HDFC AMC
3/5
HSBC gives a hold view on HDFC AMC
4/5