Nuvama Wealth Management It is going to give an interim dividend of Rs 70 per share to its shareholders for the financial year 2026. The record date for this is 11 November 2025. Shareholders whose names appear in the Register of Members of the Company or the records of the depositories as beneficial owners of shares as on this date will be entitled to receive the dividend. The company was listed on the stock exchanges in September 2023.
The face value of Nuvama Wealth Management shares is Rs 10. The share price closed at Rs 7296.70 on BSE on Friday, November 7. The market cap of the company is more than Rs 26300 crore. By the end of September 2025, promoters held 54.65 percent stake.
Nuvama Wealth Management shares have strengthened by 22 percent in 6 months. The price has jumped 165 percent in 2 years. The stock’s 52-week high on BSE is Rs 8510, which was created on June 30, 2025. 52 week low of Rs 4567.80 seen on 7 April 2025. Brokerage firm Motilal Oswal has given a target price of Rs 9100 per share with a ‘buy’ rating for the stock.
Giving dividend for the fourth time after listing
The company is distributing dividend for the fourth time since its listing. Earlier, it had given interim dividend of Rs 69, Rs 63 and Rs 81.50 per share. Nuvama Wealth Management’s net standalone profit for the July-September 2025 quarter stood at Rs 46.35 crore. Meanwhile, standalone revenue was recorded at Rs 187.73 crore. Standalone revenue in FY25 stood at Rs 1,354.38 crore and net profit at Rs 597.71 crore.
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