New Delhi, Feb. 27 -- HDFC Asset Management Company (AMC) has been in a corrective phase for four straight months since November 2024, in line with the broader market trends. The stock has declined nearly 15 per cent during this period, marking a prolonged period of underperformance.
In the past two months alone, the stock has dropped almost 13 per cent, with a fall of over 5 per cent so far in February and around 8 per cent in January. Before that, it lost 0.12 per cent in December and 2.2 per cent in November. Over the last year, HDFC AMC stock has seen a more moderate decline of over 3 per cent.
Just in today's trading session, the stock declined 3 per cent to touch a day's low of Rs.3,648.25. The stock now trades 25 per cent below i...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.