NAM Securities Ltd., established in July 1994, is a SEBI registered entity and a member of NSE, BSE, DSE, MCX-SX, and NSDL, engaging comprehensively in the Indian financial markets through segments like Cash, Derivatives, Currency, Mutual Funds, Clearing, and Depository services. The company was founded by Mr. Ashwani Goyal, a reputed figure in financial markets and stock broking, known for his market research expertise.
The company aligns its growth with the liberalization of India's financial sector post-1992, benefiting from regulatory developments and technological advancements like automated exchanges and electronic delivery systems. However, the fiscal year 2022-23 presented challenges due to global inflation and interest rate hikes, which increased borrowing costs and offered alternative low-risk investment options, affecting equity markets and, consequently, NAM Securities' turnover and profitability. The weakening US economy further impacted global and Indian stock markets, reflecting on NAM’s financial performance.
