HDFC AMC is likely to announce strong third quarter results with significant growth in revenue and profitability. Kotak Equities estimates a 21% increase in profit and revenue on a year-on-year basis. However, weak market performance might impact other income. HDFC AMC shares have dropped 16% in the last month.
Adani Ports, Bharti Airtel among 5 key additions to Bernstein India model portfolio; HDFC Bank, RIL excluded
Brokerage firm Bernstein has updated its India model portfolio, adding five new stocks and removing four.