NAM_INDIA analysis TARGET 1090NAM India (Nippon Life India Asset Management Ltd.) is currently presenting a classic cup‑with‑handle breakout, supported by solid volume and pattern confirmation, positioning it for a potential 40% upside to ₹1,090 from current levels.
Current price: ₹779
Target price: ₹1,090 (~40% gain) based on technical formation
ROCE: ~41.6%
ROE: ~31–32%
Debt: Virtually zero debt
Dividend yield: ~2.3%
Profit growth: ~25% 5‑year CAGR
The levels of ₹730 now acts as a key support level and, if sustained, strengthens the case for a disciplined entry toward ₹1,090. With robust financials underlying the chart pattern, this setup qualifies as a buy recommendation, blending technical precision with fundamental strength.
Disclaimer: Please do your own analysis before making any investment decisions.
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