HDFC AMC shares rise 0.37 per cent in Monday's trading session

economictimes.indiatimes.com:

HDFC Asset Management Company Ltd. rose 0.37 per cent to Rs 4400.55 in Monday's trade as of 11:47AM (IST) even as the benchmark Nifty ruled at 25007.0, up 183.85 points.
The scrip had closed at Rs 4384.3 in the previous session. The stock quoted a 52-week low of Rs 2418.0 and a high of Rs 4439.0. The company quoted a market-cap of Rs 93761.05 crore on the BSE.

On BSE, 3,034 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 45.32 times its trailing 12-month EPS of Rs 96.87 per share and 11.32 times its book value. The return on equity (ROE) stood at Rs 28.08.
Key Financials For the quarter ended 30-Jun-2024, HDFC Asset Management Company Ltd. reported consolidated sales of Rs 948.71 crore, up 29.5 per cent from the same quarter a year ago. The company reported 26.47 per cent YoY growth in net profit at Rs 603.76 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.