Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback plan
UBS rate stocks including State Bank of India and Nippon Life India Asset Management.
· Economic Times Markets
ETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside risk, outperformance and asset size. These schemes offer strong long-term return potential but are suitable mainly for aggressive investors with a high risk appetite.
The analysis
Where the names start from: State Bank of India (SBI) is 22% below its 52-week high, -6.2% over three months; Nippon Life India Asset Management (Nippon India) is 28% below its 52-week high, -21.1% over three months. A rating is set against the price on the day the note is written, so how far a stock has already run is the part of the case the headline upside leaves out.
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- Brokerage calls from UBS, with ratings on the stocks named. The stocks: State Bank of India (SBI) and Nippon Life India Asset Management (Nippon India).
- On the day, 0 of 2 are higher: State Bank of India (SBI) leads at -1.0% and Nippon Life India Asset Management (Nippon India) trails at -2.0%.
- Over three months: State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind); Nippon Life India Asset Management (Nippon India) -21.1% against Capital Markets -6.3% (14.8 points behind).
- At least 25% below the 52-week high: Nippon Life India Asset Management (Nippon India) (28%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
| Nippon Life India Asset Management (Nippon India)NAM-INDIA · Capital Markets | ₹905.00 | -2.0% | -15.4% | -21.1% | -27.7% | 1.2× | — |
Banks
1M -3.4% · 3M -6.0%
State Bank of India (SBI)
Capital Markets
1M -2.9% · 3M -6.3%
Nippon Life India Asset Management (Nippon India)
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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