HDFC Asset Management Company Limited (HDFC AMC) is a prominent player in India’s mutual fund industry. Here’s an overview of its recent share price performance and financial highlights:
Share Price Performance:
- Current Price: As of January 14, 2025, HDFC AMC’s share price is approximately ₹3,860.
- Recent Movement: On January 14, 2025, the stock gained as much as 2.83%, reaching a high of ₹3,945 on the BSE.
- 52-Week Range: The stock has fluctuated between a low of ₹3,255 and a high of ₹4,864 over the past year.
Financial Highlights:
- Market Capitalization: Approximately ₹82,505 crore.
- Price-to-Earnings (P/E) Ratio: 37.3.
- Return on Equity (ROE): 29.5%.
- Dividend Yield: 1.83%.
Recent Financial Results:
In Q3 FY25, HDFC AMC reported a net profit of ₹601.9 crore, marking a 23% increase year-on-year. Revenue for the same period rose by 35% to ₹903.9 crore.
Analyst Insights:
Analysts attribute the company’s robust performance to rising SIP inflows and sustained growth in Equity Assets Under Management (AUM). However, some caution is advised due to market volatility and competitive pressures in the asset management sector.
Investor Considerations:
HDFC AMC’s consistent financial performance and strong market position make it a noteworthy consideration for investors. However, it’s essential to conduct thorough research and consider market dynamics before making investment decisions.
