UTI AMC, HDFC AMC, 2 other AMC stocks to buy/add as recommended by ICICI Sec
2 years ago

UTI AMC, HDFC AMC, 2 other AMC stocks to buy/add as recommended by ICICI Sec

Live Mint  

In a report highlighting market share movement, valuations, industry flow and performance comparison of listed asset management companies, brokerage and research firm ICICI Securities said that the three key takeaways include valuations have inched up above their respective. “First being, standard deviations based on its estimates for HDFC AMC and UTI AMC 2) there is an increase in passive AUM mix across AMCs in November 2022 by 71/32/11/4 bps for IPRU AMC/ABSL AMC/HDFC AMC/Axis MF, around 400 bps each for UTI and SBI MF and 280 bps for Nippon Life India Asset Management and 3) fund performance has remained impressive for HDFC AMC,” the note stated. The brokerage house has Buy tag on UTI AMC shares with a target price of ₹961, whereas it has Add ratings on HDFC AMC, Nippon Life India AMC, and Aditya Birla Sun Life AMC. HDFC AMC’s overall market share improved marginally by 4 bps MoM to 10.98% driven by improvement in equity market share to 11.82% while debt market share was 13.3% and passive market share improved to 1.27%. UTI too saw a steady overall market share at 6% with equity/debt market share at 4.7%/7.1% while passive market share improved to 13%.

Market Equity Share Uti Hdfc Flows Amc Bps Hdfc Amc Uti Amc  uti  flows  2022  amc  bps  recommended  buyadd  market  equity  steady  sec  stocks  share  hdfc  icici  overall

History of this topic

Stocks to buy: Two stock recommendations from MarketSmith India for 17 December
1 week ago

Stocks to buy: Two stock recommendations from MarketSmith India for 17 December

Live Mint  

Nifty50 opened on a flat to negative note on Monday, traded negatively in the range of 24,781–24,601, and closed at 24,668. The momentum indicator, 14-period relative strength index, is trending in the flat zone and is currently placed around 57. How Nifty Bank performed Bank Nifty closed flat on Monday in a lackluster trading session and continued to face strong …

Stocks to buy: Two stock recommendations from MarketSmith India for 9 December
2 weeks, 1 day ago

Stocks to buy: Two stock recommendations from MarketSmith India for 9 December

Live Mint  

Nifty50, the benchmark index of the Indian stock market, ended marginally lower amid a volatile trading session. The index opened on a muted note and, post-RBI policy announcement, continued to trade volatile in a narrow range of 24,751–24,620, ultimately closing 30 points or 0.12% lower. The momentum indicator, 14-period relative strength index, was trading in an upward direction and is …

NBCC, HUDCO share prices rise up to 9% as they sign MOU for ₹600 crore project
3 weeks, 5 days ago

NBCC, HUDCO share prices rise up to 9% as they sign MOU for ₹600 crore project

Live Mint  

Stock Market Today: NBCC India Ltd and Housing & Urban Development Corporation saw their share prices rise up to 9% in morning trades on Thursday: The two companies announced signing MOU for ₹600 crore project in NOIDA, Delhi NCR Share price movement Housing & Urban Development Corporation share price opened at ₹223.40 on the BSE on Thursday, only slightly higher …

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high
3 weeks, 5 days ago

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high

Live Mint  

India's largest private lender HDFC Bank's market capitalisation topped ₹14 lakh crore for the first time on Thursday, November 28 as the stock rose to its fresh high of ₹1,836.05 today. HDFC Bank's market cap touched ₹14.01 lakh crore but later slipped below the coveted ₹14 lakh crore mark amid sharp profit-taking in the broader markets. HDFC Bank is India's …

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?
3 weeks, 5 days ago

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?

Live Mint  

Indian banks and non-banking financial companies reported a mixed performance for the July-September quarter of current fiscal on margin compression, an increased credit cost and a slowdown in credit growth. BFSI Q2FY25 Review The bank’s credit growth figure eased to 14.8 per cent year-on-year in Q2FY25, compared to 15.4 per cent YoY in Q1FY25 and 14.9 per cent YoY in …

Stocks to buy: Two stock recommendations from MarketSmith India for Tuesday-26 November
4 weeks ago

Stocks to buy: Two stock recommendations from MarketSmith India for Tuesday-26 November

Live Mint  

As expected in the previous day's market commentary, the Indian benchmark index Nifty50 opened with a strong gap-up, taking cues from the Maharashtra state election and positive global sentiment. According to O'Neil's methodology of market direction, the market status has shifted to a rally attempt on Friday as Nifty stood above the recent low for three straight trading sessions. According …

Stocks to buy: Two stock recommendations from MarketSmith India for Thursday-21 November
1 month ago

Stocks to buy: Two stock recommendations from MarketSmith India for Thursday-21 November

Live Mint  

The benchmark index, Nifty50, took support around its 50-week moving average, which is around 23,300, and witnessed a strong bounce-back move in Tuesday’s trading session. As per O’Neil methodology of market direction, the current trend in this sectoral index is a “downtrend," as it breached its recent correction low of 23,350.40. The market action during the day formed a ‘gravestone …

Eight of top 10 most-valued firms take ₹1.65 lakh cr hit in mcap
1 month, 1 week ago

Eight of top 10 most-valued firms take ₹1.65 lakh cr hit in mcap

Hindustan Times  

Eight of the top-10 most valued firms together lost ₹1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank of India taking the hardest hit in line with a weak trend in equities. The valuation of Hindustan Unilever slumped ₹27,830.91 crore to ₹5,61,329.10 crore, and that of Reliance Industries declined by ₹22,057.77 crore to …

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%
1 month, 1 week ago

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%

Live Mint  

Hdfc Life Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Hdfc Life shares are trading at price ₹685.1, -2.19% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner
2 months, 3 weeks ago

Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner

The Hindu  

The combined market valuation of eight of the top-10 most valued firms surged ₹1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Bharti Airtel's market valuation soared ₹13,094.52 crore to ₹9,87,904.63 crore and that of ITC grew by ₹9,927.3 crore to ₹6,53,834.72 crore. HDFC Bank's valuation climbed ₹8,581.64 …

Market capitalisation of 9 of top 10 valued firms surges by ₹95,522 crore; Reliance, TCS among top gainers
3 months, 4 weeks ago

Market capitalisation of 9 of top 10 valued firms surges by ₹95,522 crore; Reliance, TCS among top gainers

Live Mint  

The combined market valuation of nine of the top 10 most valuable companies rose by ₹95,522.81 crore last week, with Reliance Industries, TCS, and HUL leading the gains. Reliance Industries' market capitalisation increased by ₹29,634.27 crore to reach ₹20,29,710.68 crore. ITC's value increased by ₹3,965.14 crore to ₹6,32,364.24 crore, while State Bank of India added ₹2,498.89 crore to reach ₹7,27,578.99 …

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August
4 months, 3 weeks ago

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August

Live Mint  

Indian stock market benchmark indices, Sensex and Nifty 50, declined around 1% each on Friday tracking weak global market cues. Hence, bottom-up stock picking with a focus on ‘growth at a reasonable price’ and ‘Quality’ would be keys to generating satisfactory returns in the next one year,” Axis Securities said in a report. Here’s are Axis Securities’ top largecap stocks …

Ashok Leyland Q1 Results Live : profit falls by 6.39% YOY
4 months, 4 weeks ago

Ashok Leyland Q1 Results Live : profit falls by 6.39% YOY

Live Mint  

Ashok Leyland Q1 Results Live : Ashok Leyland declared their Q1 results on 25 Jul, 2024. Ashok Leyland has delivered 1.8% return in the last 1 week, 36.92% return in last 6 months and 28.03% YTD return. As of 26 Jul, 2024 out of 37 analysts covering the company, 2 analysts have given Strong Sell rating, 4 analysts have given …

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent
5 months, 1 week ago

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent

New Indian Express  

MUMBAI: The third-largest fund house, HDFC AMC, registered a 26 percent on-year growth in net income in the June quarter at Rs 604 crore over the Rs 477.5 crore in the year-ago period. The fund house manages assets worth Rs 7.06 trillion and has a market share of 11.4 per cent as of the reporting period; within the equity funds, …

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner
5 months, 3 weeks ago

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

The Hindu  

Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. While Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, Hindustan Unilever and ITC were the gainers, Life Insurance Corporation of India …

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks
1 year ago

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks

Live Mint  

The Indian stock market is witnessing a decent rally with the benchmark Nifty 50 index reclaiming 20,000 level on Wednesday led by positive domestic and global market cues. HDFC Securities is bullish on Manappuram Finance, Bharat Dynamics and IOL Chemicals & Pharmaceuticals and advises investors to buy these stocks and add at lower levels for an upside of up to …

Buy or sell: Sumeet Bagadia recommends three stocks to buy next week
1 year, 3 months ago

Buy or sell: Sumeet Bagadia recommends three stocks to buy next week

Live Mint  

Buy or sell stocks: Following weak global market sentiments, Indian stock market ended lower for fourth day in a row. Stock market strategy for next week Sumeet Bagadia, Executive Director at Choice Broking believes that Dalal Street sentiments have further weakened after Nifty 50 index closed below 19,700 levels on Friday. On stocks to buy next week, Sumeet Bagadia recommended …

Block deals to watchout on Tuesday: HDFC AMC, Timken likely to see large trade
1 year, 6 months ago

Block deals to watchout on Tuesday: HDFC AMC, Timken likely to see large trade

Live Mint  

Two major block deals that traders need to watch out for on Tuesday. UK's largest active asset manager, Abrdn Investment Management is likely to offload its entire shareholding worth ₹3,920.1 crore in HDFC Asset Management Company. HDFC AMC: Abrdn Investment Management will sell 21.778 million shares or its entire 10.2% holding in HDFC AMC. Based on the lower end of …

Realty, PSU Bank, FMCG, Pharma drag Sensex by 130 pts; Nifty down 50 pts
1 year, 7 months ago

Realty, PSU Bank, FMCG, Pharma drag Sensex by 130 pts; Nifty down 50 pts

Live Mint  

Indian benchmark indices started in green but turned red towards the end of today's session. ZYDUS LIFESCIENCES More Information SBI Quarter 4 results: Net profit jumps 83% YoY to ₹16,695 crore; NII up 29% to ₹40,392 crore State Bank of India, the country’s largest bank, on Thursday reported a net profit of ₹16,694.5 crore for the quarter ended March 2023, …

Aditya Birla, Motilal Oswal MF: Which AMC stocks to buy/hold amid debt fund blow
1 year, 8 months ago

Aditya Birla, Motilal Oswal MF: Which AMC stocks to buy/hold amid debt fund blow

Live Mint  

In an unexpected post-budget amendment to the Finance Bill, the Ministry of Finance withdrew the indexation benefits that were hitherto available to debt mutual funds. The brokerage house has Buy ratings on AMC stocks Aditya Birla Sun Life AMC with a target price of ₹525, UTI AMC with a target price of ₹950 per share. Meanwhile, it has Add tags …

Five of top 10-firms lose ₹86,447 crore in m-cap; Infosys, TCS, SBI hit hard
1 year, 8 months ago

Five of top 10-firms lose ₹86,447 crore in m-cap; Infosys, TCS, SBI hit hard

The Hindu  

Five of the top 10 most valued firms together lost ₹86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. While Reliance Industries Limited, Tata Consultancy Services, HDFC Bank, Infosys and State Bank of India suffered erosion from their valuation, ICICI Bank, Hindustan Unilever Limited, ITC, HDFC and Bharti …

Why AMC stocks are at a low ebb
1 year, 9 months ago

Why AMC stocks are at a low ebb

Live Mint  

Shares of asset management companies slumped in Friday's trade as the Finance Ministry is likely to do away with the long-term capital gain tax benefit that debt mutual fund investors currently enjoy. The Finance Ministry is likely to bring in amendments to the Finance Bill, 2023 removing the long term capital gains tax benefits available to such specified MFs. Financialization …

Prabhudas Lilladher sees growth in AMC stocks; check its 2 top picks
1 year, 9 months ago

Prabhudas Lilladher sees growth in AMC stocks; check its 2 top picks

Live Mint  

The financial investment products like mutual funds and insurance are very less penetrated in the Indian society, In fact Indian mutual fund industry’s assets under management as a share of GDP have risen from 4.3% in FY02 to 16% in CY20. According to CRISIL, MF total/equity QAAUM is expected to see a CAGR of 13-15% over FY22-26E driven by growing …

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer
1 year, 10 months ago

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer

Hindustan Times  

Nine of the 10 most valued firms together added ₹1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer. Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services, HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list. ICICI Bank's market valuation jumped ₹32,239.66 crore to ₹6,02,749 crore and that …

Market updates: 6 of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards
2 years, 3 months ago

Market updates: 6 of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

India TV News  

Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services and Infosys taking the biggest hit, amid weak trend in equities. While Reliance Industries, TCS, HDFC Bank, Hindustan Unilever, Infosys and HDFC suffered erosion from their valuation, ICICI Bank, State Bank of India, Adani …

UTI Asset Management shares surge after reports of Tata Groups set to buy 45% stake in company
2 years, 4 months ago

UTI Asset Management shares surge after reports of Tata Groups set to buy 45% stake in company

Firstpost  

The stock hit a high of Rs 876.55 — a level last seen on April 27 — and gained 16.9 per cent intraday Shares of UTI Asset Management Co Ltd surged as much as 17 per cent to near-four-month high after CNBC TV reported rival Tata Asset Management Co is set to buy a significant stake in the company. The …

Mcap of nine of top-10 firms jumps over ₹2.98 lakh cr; RIL, TCS lead winners
2 years, 5 months ago

Mcap of nine of top-10 firms jumps over ₹2.98 lakh cr; RIL, TCS lead winners

Live Mint  

Nine of the 10 most valued firms added ₹2.98 lakh crore to their market valuation last week amid a bullish trend in equities, with Reliance Industries and TCS emerging as lead gainers. Barring Life Insurance Corporation, the top 10 firms, including HDFC Bank, Infosys, Hindustan Unilever Limited and ICICI Bank, added a total of ₹2,98,523.01 crore to their market valuation. …

Market crash: Top 10 firms lose ₹3.91 lakh cr in m-cap; TCS, RIL biggest laggards
2 years, 6 months ago

Market crash: Top 10 firms lose ₹3.91 lakh cr in m-cap; TCS, RIL biggest laggards

Live Mint  

The market valuation of the top-10 most valued firms plunged by a whopping ₹3.91 lakh crore last week, in tandem with a steep sell-off in equities, with TCS and and Reliance Industries taking the biggest hit. The market valuation of the 10 most valued domestic firms eroded by ₹3,91,620.01 crore last week. From the top-10 firms, Tata Consultancy Services was …

Stocks to Watch: HDFC Bank, Zee Entertainment, Piramal Enterprise, Max Healthcare and More
3 years, 2 months ago

Stocks to Watch: HDFC Bank, Zee Entertainment, Piramal Enterprise, Max Healthcare and More

News 18  

Indian markets on Thursday, tracking global cues is expected to open in the negative territory. HDFC AMC: Foreign promoter Standard Life Investments sold 1,06,50,000 equity shares in the company at Rs 2,873.79 per share, whereas T Rowe Price Emerging Markets Stock Fund acquired 15,19,557 equity shares at Rs 2,871.05 per share on the BSE, the bulk deals data showed Max …

Nippon Life AMC is narrowing its valuation gap with HDFC AMC
3 years, 6 months ago

Nippon Life AMC is narrowing its valuation gap with HDFC AMC

Live Mint  

Nippon Life India Asset Management Co. Ltd’s valuations have always lagged behind sector leader HDFC Asset Management Co. Ltd. This could even help market share gains in Q4 and build on NAM’s quarterly average 11.6% year-on-year growth in assets under management. View Full Image On the move “We could see a recovery in its market share on the recent improvement …

Nine of top 10 firms lose nearly ₹2.2 lakh crore in market valuation
3 years, 9 months ago

Nine of top 10 firms lose nearly ₹2.2 lakh crore in market valuation

Hindustan Times  

Nine of the 10 most-valued companies lost a whopping ₹2,19,920.71 lakh crore in their total market valuation last week with the barometer Sensex tanking more than 3 per cent. Key benchmark index Sensex dropped by 1,786 points or 3.46 per cent last week amid weak global cues. The market capitalisation of Bajaj Finance fell by ₹15,712.46 crore to ₹3,15,653.33 crore …

Mcap of Top 10 Firms Zoom Over Rs 5.13 Lakh Cr; Banks Steal the Show
3 years, 10 months ago

Mcap of Top 10 Firms Zoom Over Rs 5.13 Lakh Cr; Banks Steal the Show

News 18  

Reflecting the optimistic broader market sentiment, the top 10 valued domestic companies together added a whopping Rs 5,13,532.5 crore to their market valuation last week, with banking stocks stealing the limelight. HDFC added Rs 61,836.61 crore to take its valuation to Rs 4,89,877.33 crore and the market capitalisation of ICICI Bank gained Rs 53,606.61 crore to Rs 4,24,379.96 crore. The …

Five of Top 10 Most Valued Firms Lose Together Rs 91,699 Crore M-cap
4 years ago

Five of Top 10 Most Valued Firms Lose Together Rs 91,699 Crore M-cap

News 18  

New Delhi: The combined market valuation of five of top-10 most valued firms declined by Rs 91,699 crore last week, with heavyweight Reliance Industries emerging as the worst hit. While Reliance Industries Ltd, Infosys, HDFC, ICICI Bank and Bharti Airtel suffered losses in their market valuation, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, Kotak Mahindra Bank and Bajaj Finance …

UTI AMC IPO Opens for Subscription, Investors Can Bid till October 1
4 years, 2 months ago

UTI AMC IPO Opens for Subscription, Investors Can Bid till October 1

News 18  

UTI Asset Management Company’s initial public offer opened for subscription today. In terms of domestic mutual fund Quarterly Average Assets Under Management till June 30, 2020, UTI Asset Management Company is the eighth-largest asset management company in the country. Investors who want to buy the IPO of UTI Asset Management Company will have to bid for a minimum of 27 …

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