📊 Stock Price & Trend
Stock is trading broadly in the ₹3,000–₹3,150 range recently
Near its 52-week highs (~₹3,300), showing strong momentum over the past year
Short-term movement is slightly volatile / sideways due to profit booking
📈 Financial & Business Updates
Revenue growth remains strong (~20%+ YoY trend), though recent quarters saw slight estimate miss
AUM (Assets Under Management) continues to expand rapidly and is approaching ₹1 lakh crore milestone
Business driven by:
Mutual fund distribution
Wealth management services
Maintains high profitability (ROE ~40%+), one of the best in the segment
🏢 Corporate Developments
Company recently:
Approved key management reappointments (CEO etc.)
Cleared large related-party transaction approvals
Minor promoter-level share pledge activity (not significant in size)
⚠️ Key Concerns
Expensive valuation (high P/E ~70+) compared to peers
Stock is often seen as premium priced, leaving limited margin of safety
Some short-term corrections happening after strong rally