India's UTI Asset Management falls on Q1 profit drop
** UTI Asset Management Company UTIA.NS falls 4.5%; marks biggest intraday pct loss since May 6 ** Co's Q1 profit slips 6.8% y/y as 15.7% jump in total expenses countered a 3.3% rise in revenue ** Stock set to fall for third straight day; on track to extend weekly rally into 11th straight session ** YTD, UTIA gains ~7% (Reporting by Yagnoseni Das in Bengaluru) ((Yagnoseni.Das@thomsonreuters.com;))
Recent news on UTI Asset Management
See all newsBrief: UTI Asset Management Company Sept-Quarter Consol Net Profit 1.32 Billion Rupees
Fund View: UTI AMC favours India's large-cap stocks as broader market rally stretches valuations
Brief: UTI Asset Management Company June-Quarter Consol Net Profit 2.94 Billion Rupees
UTI Asset Management set for worst day since Nov 2024 on Q4 loss, 5-yr low margins
Brief: UTI Asset Management Co March-Quarter Consol Net Loss 667.1 Million Rupees