According to the analysts, disbursement growth remained soft across most lenders in Q2FY26 due to seasonality and increased caution in SME/MSME segments.
Shares of UTI Asset Management Company slipped up to 10 per cent after its Q2 profit halved due to one-time pension-related expenses and weaker income
UTI AMC's revenue for the second quarter slipped 22 per cent Y-o-Y to ₹419 crore, as against ₹538 crore
Shares have risen as much as 53% in six months
UTI AMC names Vetri Subramaniam as next MD & CEO from Feb 2026, while Bandhan AMC secures SEBI nod to launch specialised investment funds under its new brand
Nuvama and UTI AMC are top stocks in the capital markets sector for Motilal Oswal, as the medium-term outlook for the sector is constructive
Shares of HDFC AMC, NAM-India, UTI AMC and Aditya Birla AMC were quoting at record highs levels; following a sharp rebound from the calendar year lows. Here's a likely guide on the near-term trend.
AMC stocks India: UTI Asset Management Company (UTI AMC) shares hit a record high of ₹1,428 per share on the BSE, rising 6.3 per cent in the intraday trade
UTI AMC stock: Analysts believe that improving capital market returns are expected to boost equity AUM growth, aiding the topline and treasury gains for Asset Management Companies.
Stocks to buy: Motilal Oswal's research desk recommends HDFC Bank, Federal Bank, Trent, Kaynes and others; check full list here
Large-caps have become relatively more attractive and there are some opportunities to pick good businesses at attractive valuations, he said
Stock exchanges are bracing for an impact on the turnover in index derivatives as three of the six new norms to curb participation in the futures & options segment come into effect from November 20
Move to address concerns by AMCs losing first-mover advantage due to public disclosure
In past three days, the stock surged 18% after UTI AMC reported a 31% YoY jump in PAT at Rs 239 crore for Q2FY25, led by steady revenue yield and moderation in the expense ratio.
UTI Asset Management Company on Friday reported a 31 per cent on-year jump in profit after tax (PAT) at Rs 239 crore in the three months ended September 30, 2024. The company had posted a PAT of Rs 183 crore in the same quarter of the preceding fiscal year, UTI AMC said in a regulatory filing. The company's revenue from operations rose 33 per cent to Rs 538 crore in the July-September quarter of the current financial year (FY25), from Rs 404 crore in the year-ago period. For the quarter ended September 30, 2024, UTI Asset Management Company's total asset base stood at Rs 20.16 lakh crore. This includes UTI Mutual Fund's assets base of over Rs 3.42 lakh crore. Imtaiyazur Rahman, Chief Executive Officer, UTI AMC said the Indian mutual fund industry continues to showcase remarkable growth, with average AUM (assets under management) reaching Rs 66.22 lakh crore, reflecting strong investor confidence across the country. "The increasing participation from smaller cities, with over 50 pe
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.
Among listed AMCs, in Q1FY25, Nippon AMC recorded the highest growth of 54 per cent Y-o-Y while ABSL AMC saw least growth at 19 per cent
UTI AMC share price today: The Indian mutual fund industry has witnessed robust growth in the recent past making it amongst the most attractive investment avenues
UTI Asset Management Company on Thursday reported a nine per cent growth in profit after tax (PAT) to Rs 254 crore in the three months ended June 30, 2024. In comparison, the company had posted a PAT of Rs 234 crore in the same quarter a year ago, UTI AMC said in a regulatory filing to the stock exchanges. The company's total revenue from operations rose 13 per cent to Rs 529 crore during the quarter under review, as compared to Rs 468 crore in the April-June quarter of the preceding financial year (2023-24). As of June 30, 2024, the total assets under management (AUM) for UTI AMC stood at Rs 19.36 lakh crore, which includes the mutual fund's asset base of Rs 3.1 lakh crore. "The Indian mutual fund industry has witnessed robust growth in the recent past making it amongst the most attractive investment avenues. "As the Indian MF industry surpassed yet another milestone of Rs 60 lakh crore AUM by the end of June 2024, financial awareness and digitization have played crucial roles in
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