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Q1FY22 Result Update - Nippon Life India AMC - ICICI Direct
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CropLife India raises awareness in Medical Fraternity
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Department of Agriculture, Government of Maharashtra and CropLife India raises awareness in Medical Fraternity
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With up to 4,000% profit growth in Q4, 6 stocks emerge compelling buys
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Notwithstanding the bleak outlook for June quarter, analysts see medium-term potential in some of these names.
Companies with a year-on-year profit growth (after extraordinary items) in excess of 500 per cent and quarterly profit of at least Rs 100 crore were only considered for this study.
Nippon Life India reported Rs 166.51 crore profit for the March quarter, 3,931 per cent, or 40 times, higher than Rs 4.13 crore reported for the year-ago period. Philips Capital said the AMC was marred by erstwhile group-level issues and under-performance in the last two years, but the pace of decline in market share has got arrested and the number of unique investors has increased in the last one year.
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