- HDFC AMC’s net income for the third quarter is 6.41 billion rupees, surpassing the estimated 6.29 billion rupees.
- Revenue came in at 9.35 billion rupees, slightly below the estimate of 9.49 billion rupees.
- Total costs were 1.88 billion rupees, lower than the estimated 2.02 billion rupees.
- Other income was reported at 930.9 million rupees, marking a 35% year-over-year decline, against an estimate of 1.09 billion rupees.
- Analyst ratings for HDFC AMC include 18 buys, 6 holds, and 3 sells.
A look at HDFC Asset Management Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, HDFC Asset Management Co Ltd appears to have a positive long-term outlook. The company scored high in Dividends, Growth, Resilience, and Value, indicating that it performs well in these key areas. A high score in Dividends suggests that the company has a strong track record of distributing profits to shareholders. Additionally, the solid scores in Growth and Resilience signify that HDFC Asset Management Co Ltd is well-positioned to expand its business and withstand market challenges. While the Momentum score is slightly lower, the overall scores paint a favorable picture for the company’s future prospects.
HDFC Asset Management Co Ltd, an investment management firm operating in India, offers portfolio management and advisory services to a diverse range of clients, including individuals, institutions, trusts, private funds, charitable organizations, and investment companies. With strong scores in Dividends, Growth, Resilience, and Value, the company demonstrates its ability to deliver returns to investors, pursue growth opportunities, maintain stability in turbulent times, and offer attractive investment opportunities. Overall, HDFC Asset Management Co Ltd seems well-positioned to capitalize on market trends and deliver value to its stakeholders.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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