HDFC AMC on Wednesday reported a 20% year-on-year (YoY) rise in standalone net profit to Rs 770 crore in the third quarter. Revenue from operations grew 15% year-on-year to Rs 1,074 crore during the same period.For the nine months ended December 2025, the company reported a profit after tax of Rs 2,236 crore, compared to […]
ICICI Prudential AMC, the country’s largest active mutual fund manager, saw 53% subscription on the first day for its Rs 10,602 crore IPO. The issue led to bids for shares of Rs 1.85 crore against the offered shares of Rs 3.50 crore.The subscription window will remain open for three days and close on December 16. […]
London-based Prudential Corporation Holdings is poised to raise a whopping Rs 10,603 crore in the IPO of India’s largest active asset manager, posting a mind-boggling 108,170% return on shares bought 20 years ago at just Rs 2 each. ICICI Prudential Asset Management Company’s mega offering, which opened for public subscription on Friday, has created a […]
Shares of FSN E-Commerce Ventures, parent company of Nykaa, are trading near their 52-week high of Rs 273.20, marking a robust rally of 76.4% from the low of Rs 154.90 in March 2025. The stock is now at its highest level in almost three and a half years.Nykaa’s strong recovery and sustained uptrend have taken […]
Shares of HDFC Asset Management Company (HDFC AMC) will be in focus today, November 26, as share trading begins on an ex-bonus basis, following the company’s earlier announcement of a 1:1 bonus share issue.According to stock exchange protocols, the stock will become ex-bonus one trading day before the record date, making Tuesday, November 25, the […]
HDFC Asset Management Company and Thyrocare Technologies will trade ex-bonus next week as the companies have set record dates on Wednesday, November 26 and Friday, November 28 to determine shareholders’ eligibility for bonus shares.The stock exchange determines the ex-bonus date, after which the shares are traded without the right to bonus shares. Meanwhile, the record […]