HDFC AMC Q4 results: Net profit rises 18%, revenue jumps 30%

For FY25, the company declared and paid an interim dividend of ₹70 per share. It also announced a final dividend of ₹90 per share, subject to shareholder approval.

For FY25, the company declared and paid an interim dividend of ₹70 per share. It also announced a final dividend of ₹90 per share, subject to shareholder approval.

The rally extended into Thursday’s session, with the Nifty rising for the fourth straight day to close above 23,800, while the Sensex ended above 78,500—both at their highest levels in over three months. The Nifty Bank index finished at a…

January and February saw just ₹16,000 crore raised from 10 mainboard IPOs. That’s a sharp 37% decline from the previous month, December 2024. In March, the IPO market came to a complete standstill—not a single mainboard issue was launched, reflecting…

Investors see real estate and hospitality sectors as a safer bet amid the market turmoil, leading several companies to explore IPOs

James Anderson, Senior Market Analyst at SD Bullion noted that gold’s 200-day moving average is currently near $2,700, suggesting a potential interim peak followed by a decline during the North American summer.

Following the extended weekend, regular market operations will resume on Monday, April 21.

While a 25 bps repo rate cut usually squeezes bank margins by 8–9 bps in the first year, IIFL’s Rikin Shah expects recent savings rate cuts to soften the hit to around 5–6 bps.

Jefferies called the KFin Technologies–Ascent deal valuation attractive, while Nuvama expects the acquisition to be earnings-dilutive in the short term but value-accretive over the long run.

Shares of Gensol Engineering have lost another 5% in today’s trading session and have now shed 90% from their record high levels of over ₹1,147. The developments around Gensol prompted the market veteran’s post on “X”.

Carbamazepine Tablets USP, 200 mg have an estimated market size of $32 million for 12 months ending December 2024, according to IQVIA.