HDFC AMC hits record high on strong Q1 results; is it the right time to buy? Here's what brokerages say

HDFC AMC hits record high on strong Q1 results; is it the right time to buy? Here's what brokerages say

HDFC Asset Management Company's shares rose 2% to ₹5,625 after strong Q1 earnings revealed a 24% net profit increase to ₹748 crore and 25% revenue growth to ₹968 crore. Analysts maintained positive ratings, reflecting robust AUM growth and market optimism.