HDFC Asset Management Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 2751, down 0.11% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.36% on the day, quoting at 14581.9. The Sensex is at 48559.76, down 0.33%.HDFC Asset Management Company Ltd has eased around 5.21% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Asset Management Company Ltd is a constituent, has increased around 0.99% in last one month and is currently quoting at 15529.2, up 0.1% on the day. The volume in the stock stood at 1.88 lakh shares today, compared to the daily average of 2.78 lakh shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 2774.95, up 0.12% on the day. HDFC Asset Management Company Ltd jumped 8.81% in last one year as compared to a 58.4% rally in NIFTY and a 63.92% spurt in the Nifty Financial Services index.
The PE of the stock is 44.2 based on TTM earnings ending March 21.