single

The result was announced during market hours today, 16 July 2019.

Meanwhile, the S&P BSE Sensex was up by 226.62 points or 0.58% to 39,123.93.

On the BSE, 55,000 shares were traded in the counter so far compared with average daily volumes of 18,000 shares in the past two weeks. The stock had hit a high of Rs 2007.75 and a low of Rs 1913.2 so far during the day. It hit a 52-week high of Rs 2096.75 on 1 July 2019 and a 52-week low of Rs 1248.3 on 21 September 2018.

The company's operating profit from core asset management business for the quarter ended 30 June 2019 jumped 44% to Rs 381.50 crore compared with Rs 264.70 crore in the quarter ended 30 June 2018.

The company reported total AUM of Rs 3,56,700 crore as of 30 June 2019 compared to Rs 3,01,100 crore as on 30 June 2018, a growth of 18%. The ratio of equity oriented assets and non-equity oriented assets is 48:52, compared with the industry ratio of 43:57.

HDFC Asset Management Company (HDFC AMC) is India's largest mutual fund manager with total asset under management (AUM) market share of 14.7% as on 30 June 2019. It has India's largest actively managed equity mutual fund AUM, with market share at 16.2% as on 30 June 2019. The company reported increase of 10% in individual customer accounts and increase of 11% in unique customer accounts year on year as on June 2019.

HDFC AMC is an investment manager to HDFC Mutual Fund, the largest mutual fund in the country.

TAGS

0 thoughts on “HDFC AMC advances after solid Q1 figures”

Post Comment



  SureShot Intraday Performance

Sure Shot Intraday performance will be given usually at any time of the trading day whenever the trend occurs in market.



Daily News

VIEW ALL
editor

View My Stats