Investing.com - HDFC Asset Management reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HDFC Asset Management announced earnings per share of ₹17.05 on revenue of ₹5.45. Analysts polled by Investing.com EPS of ₹16.28 on revenue of ₹5.4B.
HDFC Asset Management 's are down 21% and is trading at ₹2,071.50 , still down 27.75% from its 52 week high of ₹2,867.00 set on Friday, October 22, 2021.
HDFC Asset Management follows other major Financial sector earnings this month
HDFC Asset Management's report follows an earnings beat by HDFC Bank on Saturday, October 15, 2022, who reported EPS of ₹19.93 on revenue of ₹491.8B, EPS of ₹19.27 on revenue of ₹287.35B.
Bajaj Finance had beat expectations on Thursday with second quarter EPS of ₹45.81 on revenue of ₹99.68B, for EPS of ₹43.84 on revenue of ₹70.21B.
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