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 HDFCAMC is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
1.421000
forwardPE
33.118317
debtToEquity
0.000000
earningsGrowth
0.242000
revenueGrowth
0.062000
grossMargins
0.899690
operatingMargins
0.782450
trailingEps
63.940000
forwardEps
126.050000
HDFCAMC's current ratio being 1.421 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, HDFCAMC can easily cover its immediate liabilities, reflecting solid financial health. HDFC Asset Management Company Limited's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position. HDFCAMC's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Price projections for HDFCAMC HDFCAMC's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.
Insider Transactions:
Insider Transactions for HDFCAMC
31 HDFC Asset Management Company Limited sales were executed, with market price at 4196.832283266129.There were 1 purchases of HDFCAMC stock, with market price of 4029.699951171875.The insider transaction data remains neutral, with no compelling trend in either direction to suggest significant changes in the company's strategy or prospects.
Recommendation changes over time:
Recommendations trend for HDFCAMC
A recent buy bias from analysts toward HDFCAMC may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that HDFCAMC might be an appealing option for those looking to grow their wealth through stock market investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of how sticky inflation and natural disaster risks are creating...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.