Analyst Corner: Retain ‘reduce’ on HDFC AMC with unchanged FV of Rs 1,950

On a qoq basis, QAAUM was up 5% (on the back of 12% growth in equity AUMs) leading to 3 bps rise in yield and 4 bps expansion in core PBT.

from The Financial Express https://ift.tt/34mZDI8
https://ift.tt/eA8V8J Kotak Institutional Equities