HDFC Asset Management Company Limited (NSE: HDFCAMC)
India
· Delayed Price · Currency is INR | Market Cap | 901.02B |
| Revenue (ttm) | 36.72B |
| Net Income (ttm) | 22.09B |
| Shares Out | 213.68M |
| EPS (ttm) | 103.15 |
| PE Ratio | 40.88 |
| Forward PE | 34.31 |
| Dividend | 70.00 (1.65%) |
| Ex-Dividend Date | n/a |
| Volume | 112,815 |
| Open | 4,250.00 |
| Previous Close | 4,249.65 |
| Day's Range | 4,211.00 - 4,278.30 |
| 52-Week Range | 3,181.50 - 4,864.00 |
| Beta | 0.70 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 9, 2025 |
About NSE: HDFCAMC
HDFC Asset Management Company Limited is a publically owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10, 1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of HDFC Ba... [Read more]
Financial Performance
In 2023, HDFCAMC's revenue was 31.63 billion, an increase of 27.42% compared to the previous year's 24.83 billion. Earnings were 19.43 billion, an increase of 36.49%.
Financial StatementsNews
Financial Services Stocks: HDFC AMC up over 2%, HDFC Bank nearly 2% up, HDFC Life up 2%,
Nifty Financial Services rises 1%, HDFC AMC and HDFC Life lead gains The Nifty Financial Services index climbed 1% to trade at 24,539.80 as of December 4, driven by gains in major financial stocks. HD...
HDFC AMC surges 4.29% on strong Q2 results and positive brokerage outlook
HDFC Asset Management Company (HDFC AMC) saw its stock rise 4.29% to ₹4,750.50 following the announcement of strong Q2 FY24 results and favorable commentary from brokerages. The company reported a 31....
HDFC AMC Stock: Buy, Sell, or Hold? Check Target Prices, Ratings, and Key Insights from Brokerages
HDFC Asset Management Company (HDFC AMC) has been in the spotlight, with several brokerages providing their outlook on the stock. Here’s a comprehensive look at what brokerages are saying, including t...
CLSA upgrades HDFC AMC to outperform, raises target price to ₹4,920
CLSA has upgraded HDFC Asset Management Company (HDFC AMC) to “Outperform” from its previous “Hold” rating, while increasing the target price to ₹4,920 from ₹4,450. The upgrade follows better-than-exp...
Jefferies on HDFC AMC: Buy, sees 20% upside with target price of ₹5,450; PBT up 46% YoY in 2Q
Jefferies has reiterated its buy rating on HDFC Asset Management Company (HDFC AMC) with a target price of ₹5,450, citing strong second-quarter performance. The company posted a 46% year-on-year growt...
Citi expects 21% downside in HDFC AMC, maintains sell rating with target price of ₹3,600 amid market share decline
Citi has issued a sell rating on HDFC Asset Management Company (HDFC AMC), setting a target price of ₹3,600 despite a 45% year-on-year increase in core pre-tax profit (PBT), which came in 2% higher th...
Morgan Stanley on HDFC AMC: Equal-weight, Target Price ₹4,120; elevated valuation limits upside despite PBT beat
Morgan Stanley has maintained its equal-weight (EW) rating on HDFC Asset Management Company (HDFC AMC) with a target price of ₹4,120. The company’s operating profit came in line with estimates, while ...
HDFC AMC Q2 Results: Net Profit Rises 31.8% YoY to ₹576.88 crore, Revenue Grows 37.9% YoY to ₹887.21 crore
HDFC Asset Management Company (HDFC AMC) has reported a strong performance in Q2 FY25, with significant growth across key financial metrics. The company posted a net profit of ₹576.88 crore, reflectin...
HDFC AMC Q2 Results: Tax expense rises 85.9% YoY to ₹281.80 crore
For Q2 FY25, HDFC AMC reported a sharp rise in its tax expenses, which increased to ₹281.80 crore from ₹151.57 crore in the previous year. This is in line with the company’s higher profit before tax, ...
HDFC AMC sees sharp rise in total income by 38.2% YoY, reaches ₹1,057.82 crore in Q2 FY24
HDFC Asset Management Company reported a substantial increase in total income for Q2 FY24, reaching ₹1,057.82 crore, a 38.2% increase compared to ₹765.22 crore in the same period last year. The compan...
HDFC Asset Management Q2 FY24: PAT rises 31.8% YoY to ₹576.88 crore
HDFC Asset Management Company Limited announced a robust financial performance for Q2 FY24, with profit after tax rising to ₹576.88 crore, marking a 31.8% year-on-year (YoY) increase from ₹437.56 cror...
Stock Market Update: Bharti Airtel, Motilal Oswal, HDFC AMC among stocks hitting 52-week highs
Several stocks have reached their 52-week highs in today’s trading session as of 12:17 PM. Notable among these are Bharti Airtel, Motilal Oswal, and HDFC AMC. Key Stocks Hitting 52-Week Highs: Bharti ...
HDFC AMC Shares surge nearly 2% ahead of Q2 results
Shares of HDFC Asset Management Company (HDFC AMC) rose by 1.72% to ₹4,559.35 as of 11:05 AM ahead of the company’s Q2 FY25 earnings announcement. The stock saw a high of ₹4,565.00 and a low of ₹4,476...
Q2 Results Today: HDFC Life, HDFC AMC, KEI Industries, Bank of Maharashtra among key companies reporting
The second quarter earnings season is gaining momentum, and 25 companies are set to announce their results today, including key names like HDFC Life, HDFC AMC, PVR Inox, and more. Apart from these, se...
Nomura’s take on AMCs: Initiates coverage on HDFC AMC, Nippon Life AMC and UTI AMC
Nomura has initiated coverage on several Asset Management Companies (AMCs), providing mixed ratings based on the company’s prospects and industry dynamics. Here are the key recommendations from Nomura...
JPMorgan on banks: Top picks include ICICI Bank, SBI, Shriram Finance, Kotak Mahindra Bank and others
JPMorgan has released a report focusing on Indian banks and NBFCs, highlighting its top picks, which include ICICI Bank, State Bank of India (SBI), Shriram Finance, CIFC Asset Management, LIC Housing ...
HDFC AMC and Aditya Birla Sun Life AMC are Nuvama’s top picks from this space, check price targets
Nuvama Institutional Equities has identified HDFC Asset Management Company (HDFC AMC) and Aditya Birla Sun Life Asset Management Company (ABSL AMC) as its top selections in the asset management sector...