UTI Asset Management Company Ltd News
UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal
PPFAS Mutual Fund purchased 1.12 million equity shares representing 0.88 per cent stake in UTI AMC for Rs 71.40 crore.
 "UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal")
Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra
"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as domestic and global economies opened up"
 "Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra")
Not part of any negotiations': UTI AMC on Tata acquisition reports
There were similar reports in August 2022 and UTI AMC had then denied having any knowledge about it
 "Not part of any negotiations': UTI AMC on Tata acquisition reports")
UTI AMC soars 15% on heavy volumes, trades at 4-mth high on Tata deal buzz
According to media reports, Tata Group is in talks to buy majority stake in the company from PSU finance entities.
UTI, HDFC AMC top bets among asset managers; charts hint up to 17% rally
The overall trend for asset management shares continues to remain bullish, say charts.
 "UTI, HDFC AMC top bets among asset managers; charts hint up to 17% rally")
UTI AMC, Punjab National Bank shares jump on the stake sale plans
The stake is valued at around Rs 1,437 crore at UTI AMC's last closing price of Rs 743.5
 "UTI AMC, Punjab National Bank shares jump on the stake sale plans")
PNB surges 8% to hit 21-month high on govt's nod to divest stake in UTI AMC
PNB received the government's approval to divest its entire stake in UTI Asset Management Company (AMC) as part of its non-core asset sale plan and shore up its capital base.
 "PNB surges 8% to hit 21-month high on govt's nod to divest stake in UTI AMC")
