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AMC stocks at new highs, gain upto 74% from 2025 lows; time to book profit?
AMC stocks at new highs, gain upto 74% from 2025 lows; time to book profit?

Business Standard

time4 days ago

  • Business
  • Business Standard

AMC stocks at new highs, gain upto 74% from 2025 lows; time to book profit?

Shares of HDFC AMC, NAM-India, UTI AMC and Aditya Birla AMC were quoting at record highs levels; following a sharp rebound from the calendar year lows. Here's a likely guide on the near-term trend. Rex Cano Mumbai Listen to This Article Shares of asset management companies (AMC) have witnessed a phenomenal run on the bourses from the calendar year (2025) lows, and are now seen trading at new life-time highs. Nippon Life India AMC (NAM-India), in particular, has zoomed over 74 per cent from a low of ₹492 in the month of April, to a record high of ₹861. Shares of HDFC AMC, Aditya Birla Sun Life AMC and UTI AMC have surged in the range of 53 - 59 per cent from their respective calendar year lows. In comparison, the BSE Sensex and the NSE Nifty have gained around

HDFC AMC up 3%, Nippon hits new high; time to buy, hold or sell AMC shares?
HDFC AMC up 3%, Nippon hits new high; time to buy, hold or sell AMC shares?

Business Standard

time5 days ago

  • Business
  • Business Standard

HDFC AMC up 3%, Nippon hits new high; time to buy, hold or sell AMC shares?

HDFC Asset Management Company, Nippon share price today Shares of HDFC Asset Management Company (AMC) and Nippon Life India Asset Management (NAM-India) moved higher by 3 per cent on the BSE in Tuesday's intra-day trade on expectations of strong earnings. The stock price of NAM-India hit a record high of ₹835.80 in intra-day trade; while HDFC AMC hit an intra-day high of ₹5,260.25, and quoted close to its record high of ₹5,275 touched on June 9, 2025. In the past six months, HDFC AMC and NAM-India have outperformed the market by surging 30 per cent and 26 per cent, respectively, as compared to 7.6 per cent rise in the BSE Sensex. HDFC AMC, Nippon - Q1 results dates HDFC Asset Management Company has informed BSE that the meeting of the board of directors of the company is scheduled on Thursday, July 17, 2025, inter alia, to consider and approve unaudited standalone and consolidated financial results of the company for the quarter ending June 30, 2025 (Q1FY26). NAM-India said the meeting of the board of directors of the company is scheduled on July 28, 2025 to consider and approve the unaudited financial results for Q1FY26. Brokerages view on AMCs Kotak Institutional Equities expects HDFC AMC and Nippon to continue to deliver higher asset under management (AUM) growth over the next few quarters on the back of stronger net inflows - equity AUM for both may grow at 0.5-1 per cent per month on current flow run-rate. AMC stocks have seen a strong rally since February lows and are now -10 per cent to +10 per cent off previous peaks. Current multiples are stiffer compared to entry valuations at the time of our upgrade in February. The valuation premium to broader markets is also now back to the previous peak in June 2024. HDFC/Nippon's relatively stable net flows in the categories the brokerage firm said they track, even during the market correction, give comfort on AUM growth visibility and hence are supportive of valuations. Analysts at InCred Equities expect the inflow momentum to pick up pace in the near term and sustain the healthy momentum in the medium term led by higher participation from the retail segment, higher understanding of market volatility and rising investment discipline along with incrementally higher inflow from B-30 cities. The brokerage firm said it remains optimistic over the mid- to long-term horizon amid improving geographic penetration as well as the rising popularity of mutual fund schemes, mainly among the young and mid-income investors. 'We continue to maintain ADD rating on all listed AMC players and maintain NAM India as our top pick among AMCs for its consistent performance-led market share gains. We like HDFC AMC for market share gains and Aditya Birla Sun Life AMC for its turnaround story. The undercurrent of likely acquisition of UTI AMC makes its stock attractive,' analysts said AMCs report. ICICI Prudential AMC files DRHP ICICI Prudential Asset Management Company has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). ICICI Prudential AMC is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, operating since 1998. It is the largest asset management company in India in terms of active mutual fund quarterly average assets under management (QAAUM) with a market share of 13.3 per cent as of March 31, 2025 (Source: CRISIL Report).

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