HDFC Asset Management Company Ltd drops for fifth straight session

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Capital Market
Last Updated : Apr 11 2022 | 1:52 PM IST

HDFC Asset Management Company Ltd is quoting at Rs 2263.15, down 0.42% on the day as on 13:24 IST on the NSE. The stock tumbled 20.44% in last one year as compared to a 24% rally in NIFTY and a 20.13% spurt in the Nifty Financial Services index.

HDFC Asset Management Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 2263.15, down 0.42% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.22% on the day, quoting at 17744.85. The Sensex is at 59253.1, down 0.33%.HDFC Asset Management Company Ltd has gained around 5.04% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Asset Management Company Ltd is a constituent, has increased around 7.02% in last one month and is currently quoting at 17667.3, up 0.03% on the day. The volume in the stock stood at 1 lakh shares today, compared to the daily average of 4.59 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 2267.6, down 0.43% on the day. HDFC Asset Management Company Ltd tumbled 20.44% in last one year as compared to a 24% rally in NIFTY and a 20.13% spurt in the Nifty Financial Services index.

The PE of the stock is 35.51 based on TTM earnings ending December 21.

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First Published: Apr 11 2022 | 1:35 PM IST

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