Nuvama Wealth Share Price Jumps 6.6% on 12 November 2026 After Q2 FY27 Profit Rises 19.5% and Motilal Oswal Sets Rs 2,160 Target
- November 12, 2026
- Posted by: Lakshit Sharma
- Category: News
Nuvama Wealth Rs 1,887.30 (12 Nov, 11:13 AM). Day high Rs 1,964.30, up 6.6%. Q2 FY27 PAT Rs 303.48 Cr, up 19.5%. 52W high Rs 2,066. MOFSL Buy, target Rs 2,160.
Quick Answer
Nuvama Wealth share price climbed as much as 6.6% to Rs 1,964.30 on 12 November 2026 and traded at Rs 1,887.30 at 11:13 AM, up 2.38%. The rally follows Q2 FY27 results with consolidated net profit of Rs 303.48 crore, up 19.5% from Rs 253.98 crore, on revenue from operations of Rs 1,366.06 crore. Motilal Oswal reiterated its Buy rating with a target of Rs 2,160, about 14.5% above the current level. At its intraday high the stock was about 5% short of its 52-week peak of Rs 2,066.
Nuvama Wealth share price opened at Rs 1,845.90 on Thursday, 12 November 2026, and jumped as high as Rs 1,964.30 during the session, a gain of 6.6% over the previous close of Rs 1,843.50. By 11:13 AM the stock had cooled to Rs 1,887.30, still up 2.38%, with 5.19 lakh shares traded on the NSE.
The trigger is the Nuvama Wealth Q2 results for the September quarter. Nuvama Wealth Management posted consolidated net profit of Rs 303.48 crore for Q2 FY27, and Motilal Oswal responded by reiterating Buy with a target of Rs 2,160. Below is what drove the quarter, where the Nuvama Wealth share price stands against its 52-week range and what could slow the run.
Click Here – Get Free Investment Predictions
Why Is Nuvama Wealth Share Price Rising Today?
Nuvama Wealth stock is rising because the Nuvama Wealth Q2 results showed growth across all three businesses and a large brokerage backed the numbers with a higher target. Operating profit after tax grew 26% to Rs 319 crore, group client assets rose 25% to Rs 5.50 lakh crore, and Motilal Oswal pegged fair value at Rs 2,160.
After the Nuvama Wealth Q2 results, the recovery looks steep. Nuvama Wealth shares now trade about 20% above the 200-day moving average of Rs 1,571.94 and roughly 72% above the 52-week low of Rs 1,096.90.
The quarter was not a straight line, though. Statutory profit before tax of Rs 410.31 crore was almost identical to the Rs 410.52 crore of the June quarter, so year-on-year growth is strong while sequential momentum is flat.
Nuvama Wealth Q2 Results FY27: Key Numbers
Nuvama Wealth Q2 results show revenue from operations of Rs 1,366.06 crore and consolidated net profit of Rs 303.48 crore for the quarter ended 30 September 2026, as filed with the NSE.
| Metric (Rs crore) | Q2 FY27 | Q2 FY26 | YoY change |
|---|---|---|---|
| Net revenue (company presentation) | 937 | 772 | 21% |
| Operating profit after tax | 319 | 254 | 26% |
| Consolidated net profit (statutory) | 303.48 | 253.98 | 19.5% |
| Profit before tax (statutory) | 410.31 | 339.23 | 20.9% |
| Interest income | 653.10 | 434.95 | 50.2% |
| Fee and commission income | 616.75 | 563.62 | 9.4% |
| Group client assets (Rs lakh crore) | 5.50 | NA | 25% |
In the Nuvama Wealth Q2 results, reported profit after tax of Rs 304 crore sits below operating PAT of Rs 319 crore because of a one-time Rs 16 crore charge. Interest income did the heavy lifting, rising from Rs 434.95 crore to Rs 653.10 crore as the loan book expanded, while fee and commission income grew a slower 9.4%.
What Is Driving the Nuvama Wealth Stock Rally
Wealth Management revenue rose 14% to Rs 501 crore, with segment profit before tax up 22% to Rs 184 crore. Asset Services and Capital Markets together delivered profit before tax of Rs 259 crore, up 34%, and in H1 FY27 that pair earned Rs 527 crore against Rs 332 crore from wealth.
In wealth products, Managed Products and Investment Solutions (MPIS) assets grew 32% to Rs 45,996 crore, helped by record quarterly net new money of Rs 3,289 crore. The loan book expanded 60% to Rs 6,360 crore. One soft spot: yield on average assets slipped to 0.86% from 0.90%.
Nuvama Wealth Share Price Data
| Parameter | Value (12 Nov 2026, 11:13 AM) |
|---|---|
| Stock (NSE: NUVAMA) | Nuvama Wealth Management |
| Current price | Rs 1,887.30 (up 2.38%) |
| Day high / low | Rs 1,964.30 / Rs 1,845.90 |
| 52-week high / low | Rs 2,066 / Rs 1,096.90 |
| Market capitalisation | Rs 33,985 crore |
| PE ratio (industry PE) | 30.04 (33.56) |
| Price to book / ROE | 7.50 / 24.87% |
| EPS (TTM) / dividend yield | Rs 61.31 / 1.49% |
| 200-day moving average | Rs 1,571.94 |
| 14-day RSI | 72.9 |
Motilal Oswal View: Nuvama Wealth Target Price at Rs 2,160
Motilal Oswal’s Buy rating carries a Nuvama Wealth target price of Rs 2,160, about 14.5% above the Rs 1,887.30 trading level. That is higher than the Rs 2,100 target the brokerage set after Q1 FY27 results in August, when it pointed to capital markets outperformance.
At 30.04 times trailing earnings, Nuvama Wealth shares trade below the industry PE of 33.56. The 7.50 price to book ratio reflects the 24.87% return on equity that investors are paying for. A Nuvama Wealth target price is an estimate, not a guaranteed return.
Technical View: Can Nuvama Wealth Stock Retest Its 52-Week High?
Nuvama Wealth stock needs a move of about 9.5% from Rs 1,887.30 to retest its 52-week high of Rs 2,066. The 14-day RSI of 72.9 sits in overbought territory, and historically a pause or pullback is common after a sharp run.
For the Nuvama Wealth share price, today’s open of Rs 1,845.90 and the previous close of Rs 1,843.50 are the nearest reference levels on the downside. The day’s high of Rs 1,964.30 is the first resistance that traders will watch.
Check the Univest Screener for live fundamentals
Key Risks Before Buying Nuvama Wealth Shares
Nuvama Wealth stock carries three clear risks. Capital markets dependence is the first one. Asset Services and Capital Markets generated about 61% of H1 FY27 segment profit before tax, and those earnings move with market activity.
Borrowing is the second, and any cut to the Nuvama Wealth target price would likely start there. The debt to equity ratio stands at 2.91 while the loan book grows 60%, and the dip in yield on assets to 0.86% shows pricing pressure in wealth. Valuation is the third: the stock already trades at 7.50 times book value.
Download the Univest iOS App or Univest Android App to track Nuvama Wealth live price and get daily stock recommendations.
Conclusion
The Nuvama Wealth share price now reflects clean Q2 results, with profit up 19.5%, client assets up 25% and a Rs 2,160 target from Motilal Oswal. The stock has already run hard, the RSI is stretched and sequential profit before tax is flat, so the Nuvama Wealth target price of Rs 2,160 needs follow-through from the next quarter and a clearance of Rs 2,066.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Nuvama Wealth share price rising today?
Ans. Nuvama Wealth share price is rising because Q2 FY27 earnings grew across its businesses and Motilal Oswal reiterated a Buy rating with a Rs 2,160 target. The stock touched Rs 1,964.30 on 12 November 2026, up 6.6% from the previous close of Rs 1,843.50, before easing to Rs 1,887.30 by 11:13 AM.
What are the Nuvama Wealth Q2 results for FY27?
Ans. Nuvama Wealth Q2 results show consolidated net profit of Rs 303.48 crore, up 19.5% from Rs 253.98 crore, on revenue from operations of Rs 1,366.06 crore. Operating profit after tax rose 26% to Rs 319 crore and group client assets grew 25% to Rs 5.50 lakh crore.
What is the Nuvama Wealth target price?
Ans. Motilal Oswal has a Buy rating and a Nuvama Wealth target price of Rs 2,160, about 14.5% above the Rs 1,887.30 trading level on 12 November 2026. The brokerage had set Rs 2,100 after Q1 FY27 results in August. Analyst targets are estimates and not guaranteed returns.
Is Nuvama Wealth a good stock to buy after Q2 results?
Ans. Nuvama Wealth has strong year-on-year growth and a Buy rating from Motilal Oswal, but the stock has already rallied about 72% from its 52-week low and the RSI is above 70. This article does not constitute investment advice, so consult a SEBI-registered financial advisor before deciding.
What is the Nuvama Wealth 52-week high and low?
Ans. The Nuvama Wealth 52-week high is Rs 2,066 and the 52-week low is Rs 1,096.90. At Rs 1,887.30, the stock is about 9.5% below its 52-week peak.
How is Nuvama Wealth valued compared with its industry?
Ans. Nuvama Wealth trades at a price to earnings ratio of 30.04 against an industry PE of 33.56. Its price to book ratio is 7.50 and return on equity is 24.87%, with a market capitalisation of Rs 33,985 crore.
What are the risks for Nuvama Wealth stock?
Ans. The main risks are dependence on capital markets activity, flat sequential profit before tax at Rs 410.31 crore, a debt to equity ratio of 2.91 as the loan book grows, and a lower yield on assets at 0.86%. An overbought RSI of 72.9 also raises the chance of a pullback.