HDFC Asset Management Company Limited is a publically owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10, 1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of HDFC Bank Limited.
Revenue projections:
Revenue projections for HDFCAMC HDFC Asset Management Company Limited's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
currentRatio
0.00000
forwardPE
36.18079
debtToEquity
1.76600
earningsGrowth
0.23600
revenueGrowth
0.26600
grossMargins
0.90486
operatingMargins
0.82316
trailingEps
121.41000
forwardEps
126.05000
HDFCAMC's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods. HDFCAMC's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company. HDFCAMC's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for HDFCAMC's financial performance.
Price projections:
Price projections for HDFCAMC Price projections for HDFCAMC have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for HDFCAMC's future.
Insider Transactions:
Insider Transactions for HDFCAMC
There were 53 HDFC Asset Management Company Limited stock sales, with market price at 4240.511322597287.1 transactions to buy HDFCAMC shares were recorded, with market price at 4029.699951171875.The transactions conducted by insiders don't suggest any significant movement or clear trend, leaving the overall direction of the company uncertain.
Recommendation changes over time:
Recommendations trend for HDFCAMC
Analysts' buy bias for HDFCAMC signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to HDFCAMC, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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