HDFC Asset Management Company Ltd (HDFCAMC)

HDFC AMC CEO Finds Union Budget Balanced - 23 Jul, 2024

Navneet Munot, the managing director and CEO of HDFC Asset Management Company (AMC), has praised the just-announced Union budget for its range of measures and promises for the future.

HDFC AMC Stock Breaks Out; CEO Compensation May Cool Off - 19 Jul, 2024

HDFC Asset Management Company Limited's stock has broken out of a rectangle formation on a smaller time frame, suggesting continued positive direction. Meanwhile, the company's CEO compensation may cool off as it is 102% above industry average.

Mixed Recommendations for HDFC AMC Stock After Q1 Results - 18 Jul, 2024

HDFC Asset Management Company's Q1FY25 results show significant growth in net sales and net profit. While Incred Capital suggests holding the stock due to limited upside potential, Geojit recommends buying it along with Nippon India AMC.

HDFC Asset Management Reports Strong Q1 Results - 17 Jul, 2024

HDFC Asset Management reports impressive Q1 results, beating analyst estimates with strong growth in revenue and profit. The company's stock has delivered notable returns YTD, with analysts providing varied ratings but an overall consensus recommendation to Buy.

Mixed Analyst Recommendations for HDFC AMC Stock - 16 Jul, 2024

HDFC AMC has received mixed analyst recommendations. Jefferies upgraded its target price to Rs 4,900 with a buy call, while Centrum Broking assigned a Reduce rating with a target price of ₹4,075 per share. Prabhudas Lilladher recommended buying the stock with a target price of Rs 4700.

HDFC AMC Reports Strong Q1 Results - 15 Jul, 2024

HDFC Asset Management Company Ltd reported strong Q1 results, with a 26.4-26.6% YoY increase in net profit and a 29-35% YoY increase in total income/revenue from operations.

HDFC Asset Management Sees Positive Sentiment and Invests in Anicut Capital Fund - 12 Jul, 2024

HDFC Asset Management Company Limited sees positive sentiment as its share price returns 79% over the past year, while also rewarding shareholders with a total shareholder return of 83%. Additionally, HDFC AMC invests Rs. 60 crore in Anicut Capital's Equity Continuum fund.

JM Financial Gives Buy Call on HDFC Asset Management Company - 10 Jul, 2024

JM Financial has given a buy call on HDFC Asset Management Company with a target price of Rs 4555. The company reported a consolidated total income of Rs 851.25 crore for the quarter ended March 31, 2024, up 4.55% from the last quarter and up 33.46% from the same quarter last year. Promoters hold 52.55% stake in the company.

HDFC AMC Reports Strong AUM Growth and Operating Margins - 28 Jun, 2024

HDFC Asset Management Company Ltd reported a 39.2% YoY increase in assets under management (AUM) to ₹6.07 lakh crore as of March 2024, with equity-oriented funds accounting for ₹3.98 lakh crore. The company's SIP AUM stood at ₹1,39,800 crore, up 62.7% YoY. HDFC AMC also reported industry-leading operating margins of 73.5% in FY24, with most of its equity schemes delivering robust returns and beating benchmarks over the long term.

HDFC AMC Stock Up; HDFC Top 100 Fund Delivers Strong Returns - 25 Jun, 2024

HDFC Asset Management Company Ltd's stock is up 2.26% on the NSE, while its flagship fund, HDFC Top 100 Fund, has delivered strong returns over the years and is currently offering relative attractiveness in terms of valuations for investors.