Hdfc amc share price nse

In the past 12 months, HDFC AMC has paid an equity dividend amounting to Rs 42 per share, resulting in a dividend yield of 2.39%. The Board has also approved to grant about 10.5 lakh stock options of Rs 5 each to the eligible employees of the company under the Employees Stock Option Scheme (ESOP). According to Trendlyne data, the company has an average target price of Rs 2,272, showing an upside of 29.20% from the current levels. Recently, markets regulator Sebi has approved the proposed change of controlling stake in HDFC AMC to HDFC Bank as part of the scheme of amalgamation. The regulator has also advised HDFC AMC to ensure compliance with all other provisions of Sebi (Mutual Funds) regulations. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Note • • Close price will be updated after 18.15 hrs on account of joint press release dated February 09, 2018 (joint press release) • On Ex-Date, the % change is calculated with respect to Adjusted price (adjustment with respect to Corporate Actions such as Dividend, Bonus, Rights & Face Value Split) • 52 week high & 52 week low prices are adjusted for Bonus, Split & Rights Corporate actions. • The upper and lower price bands, for scrips on which derivative products are available or scrips included in indices on which derivative products are available, are on the basis of dynamic price band of 10%. In the event of a market trend in either direction, the dynamic price bands may be relaxed during the day in co-ordination with other Exchange. • For securities that undergo call auction in special pre-open session - % change is calculated with respect to equilibrium price determined in the session. (in case of New/IPO Listings; Re-Listing; Corporate Action; Surveillance action.) • Sectoral Index and P/E are for reference and does not necessarily imply that the security is a constituent of the Index.

HDFC AMC shares reverse losses after hitting fresh 52-week low – here’s what led to the fall? The stock, earlier in the day, touched a fresh 52-week low of Rs 1,595.25 per share after nearly 51 lakh shares or 2.4 percent of the overall equity exchanged hands in multiple block deals today. The deal was valued at Rs 812 crore and saw shares being exchanged at an average price of Rs 1,602 per share. • • • • • The deal was valued at Rs 812 crore and saw shares being exchanged at an average price of Rs 1,602 per share, as per the exchange data. The buyers and sellers of HDFC AMC – a mutual fund subsidiary of the HDFC group – bulk deal is yet to be ascertained. At the market close, the counter ended flat with a negative bias at Rs 1,676.05 per share on the BSE as compared to Friday’s close of Rs 1676.55 apiece. Brokerage upbeat on HDFC AMC HDFC AMC stock is currently trading at 24x FY25E EPS, and is valued at an unchanged 28x FY25E EPS, translating to a target price of Rs 2,310 per share, BoB Caps, a domestic brokerage firm, said, while upgrading to a ‘buy’ rating from ‘hold’ earlier, mainly on reclaiming the market share. The brokerage initiated coverage on HDFC AMC on key moats in the form of its brand strength, large AUM base, and retail-oriented strategy. HDFC AMC share price history HDFC AMC shares in the last one year have corrected over 22 per cent in the last one year against flat BSE Sensex and it has slipped by 23 per cent year-to-date as compared to a nearly six per c...