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.
Cyient's Q1FY20 revenue of USD 157 million de-grew by 5.2% QoQ, was worst sequential performance in the past 10 years.
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%
It earned Rs 3,229.30 crore as interest income in the June quarter of this financial year
Combined net profit up 10.6% YoY in June quarter
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint
Bad loans to stay at elevated levels