HDFC AMC additionally introduced dividend whereas saying the outcomes for the January-March 2025 quarter and FY 2024-25. The corporate’s board has advisable the ultimate dividend of Rs 90 per fairness share to shareholders for FY 2025. Now a document date has been mounted for this, which is 6 June 2025. By this date, the shareholders whose names might be within the information of the Register of Members of the Firm or Depositors because the beneficiary homeowners of the shares might be entitled to the dividend. The shareholders’ approval on the ultimate dividend might be taken within the upcoming annual normal assembly (AGM). HDFC AMC has advised the inventory markets that its twenty sixth AGM goes to be held on 25 June 2025. After getting the shareholders’ approval on the ultimate dividend in AGM, its cost might be made inside 30 days. The corporate gave an interim of Rs 70 for the monetary 12 months 2024 and the ultimate dividend of Rs 70 per share. HDFC AMC shares closed 12% sturdy in 2 weeks HDFC Asset Administration Firm’s inventory closed at Rs 4810.85 with a acquire of 0.58 per cent on BSE on 23 Could. The corporate’s market cap is greater than Rs 1 lakh crore. The inventory has risen 172 p.c within the final 2 years and 27 p.c in 3 months. The value has elevated by 12 p.c in 2 weeks. After the corporate’s quarterly outcomes got here in April, brokerage agency Motilal Oswal gave a goal worth of Rs 5,000 per share for HDFC AMC shares. Brokerage stated, “Regardless of the weak market sentiment,” Trade stage gross SIP circulate March 2025 in March 2025 has elevated solely 2% on the premise of two% on the premise of quarterly base. The decline within the firm’s SIP circulate remained lower than the typical. The whole earnings rose 20.5 p.c to Rs 1,025.5 crore from a 12 months in the past. The corporate’s web revenue for your complete monetary 12 months 2024-25 elevated by 26.64 p.c to Rs 2,460 crore and the full earnings elevated by 28 p.c to Rs 4,060 crore. Disclaimer: The recommendation or concepts given on Moneycontrol.com have their private views of knowledgeable/brokerage agency. The web site or administration will not be liable for this. Moneycontrol advises to customers that all the time search the recommendation of licensed consultants earlier than taking any funding choice.
