HDFC AMC, Shriram Finance likely to rise more after big investor exits

June 22, 2023

HDFC AMC shares rallied 11.28% on Tuesday after Abrdn Investment sold its entire 10.2% stake through open market transactions for ₹4,079 crore. Abrdn was a co-promoter of HDFC AMC with HDFC. The stock fell 2.6% to ₹2,049 on Wednesday.

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