Global brokerage house Citi has initiated coverage on AMC Nuvama Wealth Management with a ‘Buy’ rating and a target price of ₹4,110, representing approximately a 27% potential upside. Nuvama s strength lies in its multi-product and open-architecture distribution model in the wealth sector.
The bulk deals data showed that there were 11 buyers, who acquired 58.17 lakh equity shares in CAMS at an average price of Rs 2,766 per share, amounting to Rs 1,609.01 crore