The counter has had a total traded volume of 28450 shares so far with a value of Rs 12.59 crore on the NSE. It traded at a price-to-earnings multiple of 45.71 and a price-to-book ratio of 11.32.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 77.44 per cent during the past one year, while the 30-share index advanced 23.16 per cent during the same period. HDFC Asset Management Company Ltd. belongs to the AMC industry. Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 20.61 per cent and 11.08 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 948.71 crore for the quarter ended 30-Jun-2024, up 11.45 per cent from the previous quarter’s Rs 851.25 crore and up 29.5 per cent from the year-ago quarter’s Rs 732.62 crore.
Profit for the latest quarter stood at Rs 603.76 crore, up 26.47 per cent from the same quarter a year ago.
