HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite a recent 15% stock decline, analysts project a 26% upside.
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the
Nifty is expected to trade rangebound with a mild bullish undertone this week, consolidating amid mixed cues. Analysts see 23,800-24,000 as a key hurdle, with
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