Archive · 24 Jul 2025
Bernstein Initiates Coverage: Stocks to Watch in Wealth Management
A financial analysis firm called Bernstein has started recommending certain investment companies in India.
They think these companies, which help manage money for wealthy people, will do well.
Bernstein is especially positive about Nuvama Wealth and 360 ONE WAM, suggesting their stock prices could increase.
They also expect more rich people in India, leading to more demand for professional financial help.
While they are optimistic overall, they have some concerns about one of the companies, Anand Rathi Wealth, due to its reliance on certain types of investments.
Bernstein initiated coverage on three Indian asset and wealth management companies.
Nuvama Wealth and 360 ONE WAM received "outperform" ratings, while Anand Rathi Wealth received "market perform".
Bernstein projects a 27% potential upside for Nuvama Wealth and 26% for 360 ONE WAM.
The firm anticipates India's wealthy to grow, increasing demand for professional financial advice.
Bernstein cites concern over Anand Rathi Wealth's reliance on market-linked debentures.
- Who
- Bernstein, Nuvama Wealth, 360 ONE WAM, and Anand Rathi Wealth
- What
- Bernstein initiated coverage on three Indian asset and wealth management companies with varying ratings.
- When
- July 24th
- Where
- India
- Why
- To provide investment recommendations based on growth potential in the wealth management sector.
Bernstein's Positive Outlook
Potential Downsides
Sector Outlook & Risks
Bernstein's Positive Outlook
Bernstein views the sector positively, expecting growth driven by the increasing wealth in India.
Potential Downsides
The company has some concern over Anand Rathi Wealth's reliance on market-linked debentures
- Nuvama Wealth Price Target
- ₹9,790
- 360 ONE WAM Price Target
- ₹1,410
- Anand Rathi Wealth Price Target
- ₹2,580
- Nuvama Wealth Recommendation
- "Outperform"
- 360 ONE WAM Recommendation
- "Outperform"
- Anand Rathi Wealth Recommendation
- "Market Perform"