Nippon Life AMC shares crash 9%, down 19% in 5 days - Why? Dividend, record date, Q2 results, Yes Bank bond settlement
New Delhi, Oct. 23 -- Nippon Life India Asset Management shares extended their losing streak on Friday, October 23, plunging 9% to Rs.881.95 apiece on the BSE as investors assessed the company's September-quarter earnings, a regulatory settlement linked to Yes Bank's additional tier-1 (AT-1) bonds and its interim dividend announcement. The stock has now declined for five consecutive sessions, shedding 19% over the period.
The sell-off has also deepened the stock's recent correction. Nippon Life India Asset Management shares have fallen 16% in a week, 23% in a month, 19% in three months and 13% over six months. The stock had touched a 52-week high of Rs.1,269 in August 2026, while its 52-week low stood at Rs.756.10 in December 2025.
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