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HDFC AMC recorded more than 3 percent gains to Rs 3,894.65, which is near the record closing high of Rs 3,903.85 of February 27 this year. The stock has formed bullish candlestick pattern on the daily charts with significantly higher volumes.
The AMC closed with Quarterly Average Assets Under Management of Rs 6.12 lakh crore.
Stay updated with the latest stock market news on Infosys, Wipro, Bajaj Auto, Jio Financial, HDFC AMC, Hindustan Zinc. Infosys forecasts annual revenue, Bajaj Auto reports 35% increase in PAT. Read more for the trade setup and key updates.
Jio Financial Services, Wipro, Hindustan Zinc, HDFC Asset Management Company and more will announce their results for the March 2024 quarter later today.
HDFC AMC Q4 results: Net profit increases to ₹541 crore during the March quarter. The company has declared of ₹70 per share.