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HDFC Asset Management Company Ltd slips for fifth straight session

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Capital Market
Last Updated : Jan 24 2022 | 1:52 PM IST

HDFC Asset Management Company Ltd is quoting at Rs 2287.3, down 3.47% on the day as on 13:24 IST on the NSE. The stock tumbled 22.55% in last one year as compared to a 20.8% rally in NIFTY and a 16.32% spurt in the Nifty Financial Services index.

HDFC Asset Management Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 2287.3, down 3.47% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.37% on the day, quoting at 17200.05. The Sensex is at 57680.91, down 2.3%.HDFC Asset Management Company Ltd has lost around 3.58% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Asset Management Company Ltd is a constituent, has increased around 2.95% in last one month and is currently quoting at 18047.05, down 2.39% on the day. The volume in the stock stood at 2.2 lakh shares today, compared to the daily average of 2.15 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 2279.95, down 3.75% on the day. HDFC Asset Management Company Ltd tumbled 22.55% in last one year as compared to a 20.8% rally in NIFTY and a 16.32% spurt in the Nifty Financial Services index.

The PE of the stock is 36.74 based on TTM earnings ending September 21.

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First Published: Jan 24 2022 | 1:35 PM IST

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