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HDFC AMC shares surge 5% after a 32% YoY rise in Q2 profits to Rs 576.61 crore, with revenue up 38% to Rs 887.2 crore. Jefferies and CLSA raise target prices and revise EPS estimates, highlighting strong AUM growth and stable market positions despite a one-off tax impact.
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In September 2024, mutual funds deployed Rs 18,200 crore, and alongside FIIs, bought Rs 45,100 crore in the Indian secondary market. Key additions by mutual funds in mid-cap stocks included KPR Mill, Brigade Enterprises, PTC Industries, and Metro Brands. Here is a list of stocks that mutual funds bought and sold in September, according to a report by Nuvama Institutional Equities:
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News and Media
On Tuesday, the union representing over 30,000 of the firm's workers held a rally in Seattle.
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News and Media
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