Out of 62 points up of nifty 35 points is of infosys

ONE OF THE STOCK TRADING JUST 12% BELOW ITS 52wk HIGH WHEN ALL MIDCAPS BLEEDING

DEEPAK NITRITE TRADING WELL ABOVE ITS 21/51/100/200 DMA

STOCK TRADING BWT - 290 - 310 ZONE FROM LONG.STRONG ACCMULATION VISIBLE.

HDFC AMC SUPERB RESULTS


HDFC AMC- Q1 FY20 (Standalone - Unaudited)

Revenue from ops at 504.39 Crs
471.23 Crs YoY (7.01%) 486.50 Crs (3.70%) QoQ

Net Profit of 291.79 Cr
205.26 Cr YoY (41.92%) 276.17 Crs (5.34%) QoQ

EPS (in Rs.) 13.69
9.68 YoY | 12.97 QoQ

View: Strong result. YoY and QoQ revenue and profit both have increased. Net profit margin is 57.8% Vs. 43.52% in YoY which is quite impressive. The company is in the business of providing asset management services to HDFC mutual fund and portfolio management & advisory services to clients.

During the quarter ended June 30, 2019, the Company has allotted 19,435 equity shares of INR 5 each pursuant to exercise of stock options by certain employees.

The Board of Directors have proposed a final dividend of INR 12 per equity share for the year ended March 31, 2019 at its meeting held on April 26, 2019, subject to the approval of the shareholders at the ensuing Annual General Meeting. The proposed final dividend is in addition to the interim dividend of INR 12 per equity share declared by the Board of Directors on February 26, 2019. Therefore Total dividend is INR 24 per share.

ROE and ROCE is around 23% and 51% respectively and book value per share is around INR 134 per share and share is currently trading at 15x of its book value. Company is currently trading at annualized PE of around 39 which is average as per Industry benchmark. Promoter is holding around 82.7% in the company which is HDFC group. FIIs hold around 4.1% in the company. Company has very strong reserve and balance sheet and operating profit margin is around 68% and which is continuously increasing in QoQ and YoY.

Share price high 2096 and 2012 almost in same range. Company business is continuously strong on QoQ and YoY and very well reputed brand of HDFC Group since IPO company has given exceptionally well return. Long term outlook remain stable with target price of INR 2500. Short term outlook is also remain good.


Disclaimer: Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the shares.

HDFC AMC NEW 52wk HIGH

DEEPAK NITRITE CROSSING LONG CONSOLIDATION ZONE OF 290-310

ANY CLOSE ABOVE 312
STOCK READY TO HIT NEW 52wk HIGH
330/345/354

UNLISTED SHARES OF PAYTM AVAILABLE

TOTAL QTY - 200

LOT SIZE - 50

PRICE - 14500 PER SHARE



Disclaimer - We are not SEBI Registered investment advisors, we only share our views.Please do your own research or consult your financial advisor before investing based on our articles.

🚩HDFC BANK
🚩HDFC LTD
🚩HDFC AMC
🚩HDFC LIFE

ONLY GROUP IN INDIAN STOCK MARKET WHICH IS TRADING AT ALL TIME HIGH.

HDB FINANCIAL ( ITS IPO COMING SOON)

HDFC AMC AGAIN NEW 52wk HIGH TODAY

2166

HDFC AMC NEW 52Wk HIGH AGAIN

2247

SHORT TERM SHOULD BOOK PROFITS
STOCK HAD A GOOD RUN UP RECENTLY WE CAN SEE SOME RETRACEMENT

2140/2050 LEVELS CAN BE TESTED

HDFC AMC NEW 52Wk HIGH AGAIN

2323

SHORT TERM SHOULD BOOK PROFITS
STOCK HAD A GOOD RUN UP RECENTLY WE CAN SEE SOME RETRACEMENT

LONG TERM OUTLOOK INTACT

😍😍 Told banknifty is in more pain then nifty

bank nifty 29600-29650 not to far.......comming ........

hedge your positions if anyone is having bnf

banknifty would be more weak compared to nifty because Reliance results today

if reliance results r good it would try to give some support or else weak