Nuvama Wealth’s inventory rose as a lot as 7.62% throughout the day to Rs 6,137.95 apiece on the NSE. It was buying and selling 6.3% larger at Rs 6,062.55 per share, in comparison with a 0.24% advance within the benchmark Nifty.
The share worth has gained 132.57% within the final 10 months and 69.06% on a year-to-date foundation. The full traded quantity to date within the day stood at 12 instances its 30-day common. The relative energy index was at 76.63, implying that the inventory is overbought.
4 analysts monitoring the corporate have a ‘purchase’ score on the inventory, in line with Bloomberg information. The common of 12-month analyst worth targets implies a possible upside of two.4%.