HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.
Shares of Aditya Birla Sun Life AMC hit a low of Rs 569, its lowest level since listing on October 11, 2021
The BSE Midcap index gained 1.8 per cent, while the Smallcap index rallied 2.2 per cent. All sectoral indices also ended with gains, Realty, Metal and Consumer Durables were the major gainers
HDFC AMC's operating profit stood at Rs 395.4 crore as compared to Rs 349.1 crore in the quarter ended September 2020
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
Stock Market LIVE: The broader indices, too, turned positive and gained up to 0.8 per cent
HDFC Asset Management Company's promoter Standard Life Investment has sought up to Rs 3,000 crore from HDFC AMC share sale, reports say
NCLT allowed Kishore Biyani-led Future Group firms to hold meetings of its shareholders and creditors to seek approval for the sale of assets to Reliance Retail
Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group.
The fund house has launched four equity funds the past few months to plug gaps in its product basket; it had launched only five actively-managed equity schemes between 2001 and 2020
Despite being one of the top players in the industry, HDFC AMC has witnessed a drop in market share in the past year
HDFC Asset Management Company (AMC) on Friday reported over 14 per cent surge in profit after tax to Rs 345.45 crore for the three months ended June 30. The asset management firm had posted a profit after tax (PAT) of Rs 302.36 crore in the same quarter preceding fiscal, HDFC AMC said in a regulatory filing to the stock exchanges. The company's total income rose to Rs 607.99 crore in the June quarter, from Rs 491.31 crore in the year-ago period. The company's average assets under management increased 17 per cent to Rs 4,16,900 crore as of June-end 2021, compared to Rs 3,56,200 crore in June 2020, giving it a market share of 12.6 per cent. HDFC AMC, investment manager of HDFC Mutual Fund, has a diversified asset class mix across equity and fixed income/others. It also has a countrywide network of branches along with a diversified distribution network comprising banks, independent financial advisors and national distributors.
Pidilite Industries announced the appointment of Sudhanshu Vats as the company's deputy managing director
HDFC AMC is currently hovering just near its 21 and 50 DEMA and far above the long-term exponential moving average (200 DEMA), suggesting inherent strength in the counter
The company on Tuesday reported a 26.52 per cent year-on-year (YoY) growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021
FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31
An ideal portfolio in current market circumstances should have an optimum mix of equity, debt and gold
Although the overall trend has been strongly up, traders should still avoid aggressive bets
HDFC Asset Management Company (AMC) on Thursday reported a 8 per cent decline in profit after tax (PAT) at Rs 338.06 crore for the three months ended September 30.