Synopsis: The company shares gained investor traction after it gave an update on stock split with the record date set to December 26, 2025.
The shares of the company engaged in the business of broking and trading in equity securities and is also registered as an Investment Adviser and Merchant Banker with SEBI is in focus after its announced stock split of 1:5 to enhance market accessibility.
With the market capitalization of Rs. 25,592.31 crore, Nuvama Wealth Management Ltd’s shares on Tuesday made a day high of Rs. 7,123.80 per share, flat vs its previous day’s close price of Rs.7,116.55 per share. The share has given a return of 191.75 percent over the last five years. Ace investor Mukul Mahavir Agrawal holds 1.39 percent stake in the company.
Corporate action
The Board of Directors of Nuvama have approved a stock split of 1:5 shares, i.e., 1 share of Rs. 10 into 5 shares of Rs. 2 each, fully paid-up. With record date December 26, 2025 for the purpose of determining the eligibility of Members for the Split. The is a strategic move to enhance market accessibility, liquidity and attract a broader base of investors.
About the company
Incorporated in 1993, Nuvama Wealth Management Ltd is engaged in the business of broking and trading in equity securities and is also registered as an Investment Adviser and Merchant Banker with SEBI.
The company is backed by strong institutional ownership through PAG, one of Asia’s largest alternative investment managers. It operates an integrated wealth management platform with a full suite of offerings, serving affluent, HNI and UHNI clients with proven execution and high-quality, diversified growth.
Financial highlights that the revenue from operations grew by 8 percent to Rs.1,135 crore in Q2 FY26 from Rs. 1,053 crore in Q2 FY25. EBDIT grew by 5 percent to Rs.593 crore in Q2 FY26 from Rs. 565 crore in Q2 FY25. Net profit declined 1% YoY to Rs. 254 crore in Q2 FY26, while EPS fell 2% YoY to Rs. 70.47.
Written by Gourav Pratap Singh
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