HDFCAMC

AMC shares jump over 5% after strong Q3 results; BUY, SELL or HOLD?

HDFC Asset Management Company Ltd.'s share price rose 5.44 per cent on Friday after the company reported its third-quarter results for the financial year 2026. The company's consolidated net profit in the third quarter increased by 20 per cent YoY to Rs 769.42 crore. The asset manager had earned a net profit of Rs 641.5 crore in the corresponding quarter a year ago. On QoQ basis, the PAT surged by 718.4 crore. HDFC AMC Stock Performance The company's share price spiked 5.44 per cent to hit an intraday high of Rs 2,693.50 apiece, and it pared gains to trade 5.19 per cent higher as OF 09:40 am