India's HDFC Asset Management Company rose 3% on quarterly profit jump

Nippon Life India Asset Management

15/10/2025 11:21

** Shares of HDFC Asset Management Company HDFA.NS rose as much as 3.8% to 5,809 rupees, their highest level in nearly three weeks

** Closed 3% higher

** Co reports 25% y/y rise in Q2 consol net profit, rev rises 16%

** Approves bonus issue in the ratio of 1:1

** More than 1.2 mln shares trades so far, 4x their 30-day avg

** YTD, HDFA up 37%; peers Nippon Life India Asset Management NIPF.NS gain 24% and UTI Asset Management UTIA.NS advance 4%

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))