Nomura initiates coverage on these 3 AMC companies, signals upside potential up to 21%
Backing Asset Management Companies (AMC) in India with sustainable valuations, global brokerage firm Nomura has initiated coverage on HDFC AMC and Nippon Asset Management (NAM) with buy ratings and on UTI AMC with a neutral rating, predicting an upside potential of up to 21%. The target price for HDFC AMC has been set at Rs … Read more