India's HDFC AMC gains as analysts hike PT on upbeat Q1 results

HDFC Asset Management

18/07/2025 11:08

** Shares of HDFC Asset Management Co HDFA.NS rise 1.4% to 5,587.50 rupees, set to gain for fourth straight session

** BofA raises PT to 5,610 rupees from 4,995 rupees after factoring in higher AUM growth

** Asset management co on Thursday reported rise in Q1 consolidated profit of 23.8% Y/Y and revenue by 24.9%

** HDFA's total quarterly average AUM grew 7% Q/Q

** HSBC raises AUM estimates from 16-17% growth to ~19%

** CLSA raises PT to 5,670 rupees from 4,545 rupees and Jefferies raises PT to 6,100 rupees from 5,000 rupees

** Analysts, on average, have PT of 5,393 rupees - data compiled by LSEG

** HDFA up ~33% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))