The company’s share price closed at Rs 4,031.15 in previous trade. Its 52-week low was Rs 2,399.0 and high was Rs 4,295.2. The company’s market capitalisation on the BSE is Rs 85,862.91.
On the BSE, 42,215 shares have traded so far. The stock is trading at 41.5 times trailing 12-month EPS of Rs 96.87 and 11.32 times book value. Return on equity (ROE) stands at Rs 28.08.
Key Financial Information
HDFC Asset Management Company reported consolidated revenue of Rs 9,487.1 crore, up 29.5% year-on-year, for the quarter ended June 30, 2024. The company reported net profit of Rs 6,037.6 crore for the latest quarter, up 26.47% year-on-year.
Technical Indicators
The stock’s relative strength index (RSI) as of Tuesday ranges from 0 to 100. Traditionally, an RSI reading above 70 is considered overbought, while a reading below 30 is considered oversold. Analysts say the RSI indicator shouldn’t be viewed in isolation, because just as fundamental analysts can’t make “buy” or “sell” recommendations on a single valuation ratio, the RSI indicator alone may not be enough to make a trading decision.
