Page 5 - Hdfc Amc
HDFC AMC takes 35% markdown on Simplex exposure after rating falls to 'D'
HDFC Credit Risk Fund had Rs 124 crore of exposure to the NCDs of the company
 "HDFC AMC takes 35% markdown on Simplex exposure after rating falls to 'D'")
HDFC MF shares drop over 4% after Standard Life divests 3.1% stake
HDFC AMC has time until August 2021 to bring down promoter holding to 75 per cent
 "HDFC MF shares drop over 4% after Standard Life divests 3.1% stake")
HDFC AMC slips 5% as Standard Life to sell additional stake via OFS
The floor price for the sale has been set at Rs 3,170 per equity share. The share-sale is being undertaken by the promoter for achieving the minimum public shareholding in the company
 "HDFC AMC slips 5% as Standard Life to sell additional stake via OFS")
HDFC Asset Management dips 3% as promoter looks to offload stake
The share-sale is being undertaken by the promoter for achieving the minimum public shareholding in the company as prescribed under markets regulator Sebi's norm
 "HDFC Asset Management dips 3% as promoter looks to offload stake")
HDFC, HDFC AMC rise up to 3% after Morgan Stanley maintains 'overweight'
So far in the fiscal year 2019-20, the stocks have outperformed the benchmark. While HDFC has surged 17 per cent, HDFC AMC has zoomed 134 per cent till Tuesday.
 "HDFC, HDFC AMC rise up to 3% after Morgan Stanley maintains 'overweight'")
HDFC AMC hits new high on MSCI inclusion; zooms 204% against issue price
The stock was trading at its highest level since its listing on August 6, 2018, and has zoomed 203 per cent from its initial public offer (IPO) price of Rs 1,100 per share.
 "HDFC AMC hits new high on MSCI inclusion; zooms 204% against issue price")
Reliance Nippon, HDFC AMC rally up to 29% in 2 months; what lies ahead?
Analysts at Centrum Broking said the Indian mutual fund industry has several structural factors in place which will lead to its multi-year growth.
 "Reliance Nippon, HDFC AMC rally up to 29% in 2 months; what lies ahead?")
Insurance companies gain, HDFC Life, ICICI Lombard, SBI Life hit new high
Hindustan Unilever (HUL), Nestle India, Bata India, Berger Paints, Info Edge (India), Manappuram Finance, Siemens, Voltas and Whirlpool of India, too, hit new highs today.
 "Insurance companies gain, HDFC Life, ICICI Lombard, SBI Life hit new high")
HDFC AMC surges 7% to hit fresh lifetime high, m-cap tops Rs 50,000 crore
Thus far in the current financial year 2019-20, the stock has zoomed 56 per cent, as compared to 3 per cent decline in the S&P BSE Sensex.
Top trading ideas by Prabhudas Lilladher: Buy HDFC AMC, Axis Bank
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
 "Top trading ideas by Prabhudas Lilladher: Buy HDFC AMC, Axis Bank")
HDFC AMC soars 22% in four days in a weak market on strong Q1 results
A sharp rally in the stock pushed the market capitalisation of HDFC AMC above Rs 50,000 crore mark in the intra-day trade today.
 "HDFC AMC soars 22% in four days in a weak market on strong Q1 results")
HDFC AMC's ability to handle cost-related pressures helped its Q1
Stock touched an all-time high; leadership in retail AUMs also augurs well
 "HDFC AMC's ability to handle cost-related pressures helped its Q1")
HDFC AMC rallies 10% in two days on strong Q1 results, hits record high
AUM in actively managed equity-oriented funds, i.e. equity-oriented total AUM excluding arbitrage funds and index funds, grew to Rs 1.69 trillion as of June 30, 2019, with a market share of 16.2%
HDFC Asset Management Company Q1 profits soar 42% to Rs 292 crore
HDFC AMC is the country largest' mutual fund manager with a market share of 14.7 per cent (of total industry assets under management, or AUM) as on June 30, 2019
 "HDFC Asset Management Company Q1 profits soar 42% to Rs 292 crore")
HDFC AMC posts 42% jump in profit after tax to Rs 292 cr in June quarter
The total income also rose to Rs 552.75 crore in the April-June 2019 quarter
 "HDFC AMC posts 42% jump in profit after tax to Rs 292 cr in June quarter")
HDFC AMC shares fall on back of Rs 500-crore lifeline for FMP unit holders
Analysts say investors may be concerned on impact on fund house's balance-sheet
 "HDFC AMC shares fall on back of Rs 500-crore lifeline for FMP unit holders")
HDFC MF provides liquidity to FMP investors; stock tanks 7%
The company has offered exits to investors of some fixed-maturity plans (FMPs) by transferring Rs 500 crore worth of their exposures to Essel group firms on to its own books.
HDFC AMC gains over 3% on strong June results; m-cap up by Rs 12.5 bn
HDFC AMC is the second-largest fund house in the country in terms of total assets under management
 "HDFC AMC gains over 3% on strong June results; m-cap up by Rs 12.5 bn")
HDFC AMC hits highest level since listing; rises 12% in one week
The stock rallied 4.6% to Rs 1,916, extending its 7% gain in the past three days on the BSE, after the company reported 25% growth in net profit at Rs 2.05 billion in June quarter.
HDFC AMC shares hit all-time high, jumps 5% post June quarter results
Riding on the strong June quarter results, the shares of the company on Friday opened at Rs 1,832, then surged to an intra-day high of Rs 1,915.95
 "HDFC AMC shares hit all-time high, jumps 5% post June quarter results")
