Picture of Canara Robeco Asset Management logo

CRAMC — Canara Robeco Asset Management News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousSmall CapSucker Stock

India's Canara Robeco AMC near 3-month high after reporting higher Q1 profit

BUZZ-India's Canara Robeco AMC near 3-month high after reporting higher Q1 profit

** India's Canara Robeco Asset Management Company CANE.NS jumps 10.9% to nearly a three-month high of 279.8 rupees

** Revenue jumps 20% year-on-year in the first quarter, while profit rises 24%

** Co says operating profit from core asset management business up 26%

** More than 6 million shares change hands, ~16x the 30-day average daily volume

** YTD, stock down 11.4%


(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))

Recent news on Canara Robeco Asset Management

See all news