360 One WAM Ltd (Erstwhile IIFL Wealth) (23-09-2024)
Vikas,
360 one and Nuvama wealth operate in a slightly different market. 360 one caters to UHNI while Nuvama is more tilted towards HNI. However, this is only half of the story – Nuvama also has an asset services business which has very high margins (Profit before tax margins of ~60%). This business has good cash generation which can be and is being used to expand relationship managers in both Nuvama wealth as well as Nuvama private. As the quality of RM improve at Nuvama they should be able to gain more assets. Finally, we should not ignore Nuvama Asset Management business – today it is not contributing to profits but as they build scale this will further sweeten their positioning as they can offer these capabilities to existing as well as new clients.
Concord Control Systems – An SME railway stock (23-09-2024)
This recent report captures about the stock (just in case if this thread did not cover it)
What surprises me is their association with big marquee clients.
The valuations may not be cheap (though it has corrected from its peak). However, my experience says growth stocks of tailwind sector don’t come cheap.
Btw; This is not a buy recommendation.
Stock Alpha: ChatGPT for Equity Research (23-09-2024)
Hey @rohanagrwl, the tool is getting stuck for me.
Travis Scott Has No. 1 Album, After Close Loss to Sabrina Carpenter (23-09-2024)
The “Days Before Rodeo” rerelease is the rapper’s fourth title to reach the top.
360 One WAM Ltd (Erstwhile IIFL Wealth) (23-09-2024)
Any one can help me with their qib details.if they need capital why they give dividend.plz help about