Tuesday, 3 November 2026
Contact Us
BizWire
  • Markets
  • Stocks
  • IPO
  • Economy
  • Startups
  • Corporate
  • Personal Finance
  • Global
GMP
GMP
  • Markets
  • Stocks
  • IPO
  • Economy
  • Startups
  • Corporate
  • Personal Finance
  • Global

Subscribe to Daily Market Morning Brief

Get curated stock insights, IPO alerts, and economic updates in your inbox every morning at 8 AM.

BizWire

BizWire delivers real-time business news, Sensex & Nifty updates, stock picks, IPO analysis, and startup insights from India's leading financial wires.

Market Sections

  • IPO GMP Live
  • Markets
  • Stocks
  • IPO
  • Economy

Insights & Tech

  • Startups
  • Corporate
  • Personal Finance
  • Global

Legal & Policy

  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

© 2026 BizWire Financial News Network. All rights reserved.

Privacy Policy•Terms & Conditions•Disclaimer
163% return in 3 years! This AMC declares ₹9.50 dividend despite 6% profit dip- Do you own? Check record date — Bizwire | Bizwire
Back to Stocks
  1. Home
  2. Stocks
  3. 163% return in 3 years! This AMC declares ₹9.50 dividend despite 6% profit dip- Do you own? Check record date

163% return in 3 years! This AMC declares ₹9.50 dividend despite 6% profit dip- Do you own? Check record date

Nippon Life India Asset Management shares fell 3.14% to ₹970 after the company reported a 6% year-on-year decline in Q2 FY27 profit to ₹324.4 crore, partly due to a one-time Sebi settlement charge. Revenue rose 21% to ₹796 crore.

163% return in 3 years! This AMC declares  ₹9.50 dividend despite 6% profit dip- Do you own? Check record date

Shares of Nippon Life India Asset Management Limited ended lower on Thursday, October 22, after the company announced second quarter results for the financial year 2026-27. Apart from Q2 FY27 results, the AMC also announced an interim dividend for the financial year 2026-27.Nippon Life India Asset Management Limited share price closed 3.14% lower today after the announcement of Q2FY27 results.Nippon Life India Asset Management dividendThe company’s board of directors, on Thursday, declared an interim dividend of ₹9.50 per equity share with a face value of ₹10 each, which is 95% of its face value.

The company has also fixed record dates to determine the eligibility of shareholders for the payout.Nippon Life India Asset Management dividend record dateNippon Life India AMC has fixed Wednesday, October 28, as the record date. Which means that investors must own the stock before Wednesday to qualify for the payout.Nippon Life India Asset Management Q2 resultsNippon Life India Asset Management, on Thursday, reported a 6% annual decline in its net profit after tax (PAT) to ₹324.4 crore for September quarter FY27.

The decline in profit was driven by a one-time exceptional item of ₹96.76 crore pertaining to Sebi settlement proceedings. The company earned a profit after tax of ₹344.64 crore in the year-ago period.Revenue from operations surged 21% year-on-year to ₹796 crore in the July-September period of FY27 from ₹658.1 crore a year ago, the asset management firm said in a stock exchange filing.Nippon Life India share price trendThe AMC’s share price closed 3.14% lower at ₹970 per share on BSE with a market capitalisation of ₹62,084.07 crore. The stock has delivered 10.87% return year to date (YTD), 46.76% return in two years, and 163% return in three years.

Originally published by:

Mint

Related Articles

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

SFC Environmental Technologies shares made a strong debut, surging 29.12 percent to Rs 426.10 against the IPO issue pric…

Down 38% in 2026, Aditya Birla Real Estate gets Buy rating from Anand Rathi; 30% upside see

Down 38% in 2026, Aditya Birla Real Estate gets Buy rating from Anand Rathi; 30% upside see

Anand Rathi initiated coverage of Aditya Birla Real Estate with a Buy rating and a ₹1,345 target, implying 30% upside.…

BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?

BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?

BLS International reported record Q2 FY27 revenue of ₹973 crore, up 32% year-on-year, with growth in Visa and Consular…

In This Category

More Stocks News

Trending Now

Equities and bond yields dip with AI jitters and economic data in focus

Equities and bond yields dip with AI jitters and economic data in focus

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead demand- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead dema…

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

Equities and bond yields dip with AI jitters and economic data in focus

Equities and bond yields dip with AI jitters and economic data in focus

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead demand- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead dema…

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

Latest News

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technol…

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Trade Setup for November 4: Top 15 things to know before the opening bell

Trade Setup for November 4: Top 15 things to know before the opening bell

Markets extend gains for fourth day; FPI buying highest in a year

Markets extend gains for fourth day; FPI buying highest in a year

Corn futures hit four-month low on big US crop, export worries

Corn futures hit four-month low on big US crop, export worries

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technol…

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Trade Setup for November 4: Top 15 things to know before the opening bell

Trade Setup for November 4: Top 15 things to know before the opening bell

Markets extend gains for fourth day; FPI buying highest in a year

Markets extend gains for fourth day; FPI buying highest in a year

Corn futures hit four-month low on big US crop, export worries

Corn futures hit four-month low on big US crop, export worries