Nippon Life AMC shares crash 9%, down 19% in 5 days - Why? Dividend, record date, Q2 results, Yes Bank bond settlement

Nippon Life India Asset Management shares fell 9% on Friday, extending a five-session decline to 19%. Investors weighed a 36% sequential drop in September-quarter profit, a ₹96.76 crore settlement payment over Yes Bank AT-1 bonds and an interim dividend of ₹9.50 per share.

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