The period given by the analyst is one year when the price of HDFC Asset Management Company Ltd. can achieve the set goal.
HDFC Asset Management Company Ltd., incorporated in 1999, is a large capitalization company (having a market capitalization of Rs 39240.05 Crore) operating in the financial services industry.
The major products/revenue segments of HDFC Asset Management Company Ltd. includes investment management and advisory fees and income from portfolio management services for the year ending March 31, 2021.
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For the quarter ended 31-03-2022, the company reported total standalone revenue of Rs 580.93 Crore, down -8.64% from last quarter, total revenue of Rs 635.88 Crore and up 6.48% compared to the same quarter last year. Total revenue of Rs 545.57 Crore. The company reported a net profit after tax of Rs 343.55 Crore last quarter.
The promoters held 68.81% of the company’s capital as of March 31, 2022, while the FIIs held 18.14% and the DIIs 1.29%.
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