Reliance Capital Limited (NSEI:RELCAPITAL) is in talks with investors such as private equity firms to sell its balance 11% stake in Reliance Nippon Life Asset Management Limited (NSEI:RNAM), said a person familiar with the matter. At Reliance Nippon's closing price of INR 246.25 on August 13, 2019, the stake sale would fetch Reliance Capital INR 16.57 billion. A spokesperson for Reliance Capital declined to comment.
Nippon Life India Asset Management Limited
Equities
NAM-INDIA
INE298J01013
Investment Management & Fund Operators
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
598.7 INR | +2.64% | +3.21% | +33.68% |
04-25 | Jefferies Adjusts Nippon Life India’s Price Target to INR680 From INR610, Keeps at Buy | MT |
04-24 | Transcript : Nippon Life India Asset Management Limited, Q4 2024 Earnings Call, Apr 24, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+33.68% | 4.53B | |
-9.88% | 85.22B | |
+14.68% | 84.08B | |
+10.89% | 25.67B | |
-4.06% | 17.89B | |
+0.91% | 14.75B | |
-21.52% | 12.3B | |
+22.24% | 10.03B | |
+20.47% | 8.36B | |
+27.09% | 7.13B |
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- Reliance Capital Reportedly In Talks To Sell Residual Stake In AMC