Grasim, Ashok Leyland and HDFC AMC are among the top stock calls for Friday (May 16), according to Motilal Oswal's Ruchit Jain
HDFC AMC share price surged 7% after it reported a steady set of results in Q4FY25 amid steady market share and yields across asset classes
Industry SIP flows of Rs 78,330 crore in Q4FY25 contributed to active equity and hybrid inflows of Rs 1.042 trillion
In comparison, the company posted a PAT of Rs 541 crore in the year-ago period, the fund house said in a regulatory filing to the stock exchanges
Q4 FY25 results today, April 17: Infosys, Jio Financial, HDFC Life and Tata Elxsi among 12 firms to release earning report for the January-March quarter
SBI, ICICI Bank, HDFC AMC among 5 financial stocks that can fall up to 15% as Fin Nifty sees 'Death Cross' on the daily chart for the first time since September 2022.
HDFC AMC reported a 31% year-on-year (Y-o-Y) growth in net profit to Rs 642 crore for the December quarter (Q3), an 11% rise compared to the September quarter
Shares of HDFC AMC surged 6% to Rs 4,112.90 after the company' profit after tax grew 30.8% annually to Rs 641.8 crore, despite other income declining 34.5% YoY in Q3FY25
The HDFC AMC share gained 1.68 per cent on the NSE on Tuesday, closing at Rs 3,899
HDFC AMC Q3 FY25 results: The company had declared and paid an interim dividend of Rs 70 per equity share at the end of FY24
Q3FY25 company results today: Shopper Stop, SRM Energy, and Shree Pushkar Chemicals & Fertilisers will also be releasing their earnings report on January 14 for the quarter that ended on Dec 31
Technical charts show that these four stocks have given a breakout on the daily scale on closing above the super trend line indicator.
Brokerages up targets as AMCs deliver earnings surprise
Outlook for equities remains positive over the medium to long term considering the structurally robust domestic growth outlook, healthy corporate profitability and supportive government policies.
At 09:29 am; with Rs 1.02 trillion market cap, HDFC AMC was trading 4.9 per cent higher at Rs 4,772.50, as compared to 0.18 per cent decline in the BSE Sensex.
At 12:04 PM, HDFC AMC shares were trading 1.8 per cent higher at Rs 4,562. HDFC AMC market cap (m-cap) stood at Rs 97,452 crore
The HDFC Nifty LargeMidcap 250 Index Fund provides investors with diversified exposure across large and midcaps through a single scheme.
Setalvad says positive surprises may emerge on the rural consumption front amid favourable monsoon and a low base
Companies have strong cash conversion, predictability and growth runway
HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore