Shares of HDFC Asset Management Company (AMC) surged 2.98% to ₹3,980.40 in early trade today, gaining ₹115.35 from the previous close of ₹3,865.05. The stock traded in a range of ₹3,841.05 to ₹3,999.00, with a market capitalization of ₹853.17 billion and a P/E ratio of 38.67.
The rise follows the company’s strong Q3 FY25 earnings report, which revealed a 31% year-on-year (YoY) increase in net profit to ₹642 crore. On a sequential basis, net profit rose by 11%. Revenue from operations grew 39% YoY to ₹934 crore for the December quarter.
Key Highlights
- Market Position: HDFC Mutual Fund is the third-largest fund house in India, managing average quarterly assets (AUM) of ₹7.9 trillion in Q4 FY25, with a market share of 11.5%. In actively managed funds, its AUM market share stood at 12.8%.
- Investor Base: The fund house had 22.1 million active accounts at the end of Q3 FY25, representing 24% of India’s total mutual fund investors. Unique investors totaled 12.6 million.
HDFC AMC’s solid earnings and strong market position reflect the company’s resilience and ability to navigate market dynamics, boosting investor confidence.
Disclaimer: The information provided is for informational purposes only and should not be considered as financial or investment advice.
