HDFC AMC Share Price: HDFC AMC shares 0.27% as Sensex falls
Shares of HDFC Asset Management Company Ltd. traded 0.27 per cent at Rs 4488.30 at 11:25AM (IST) on Thursday, even as BSE benchmark Sensex 897.77 points to 79480.36.
The scrip had closed at Rs 4500.55 in the previous session. The stock quoted a 52-week high price of Rs 4862.00 and 52-week low of Rs 2725.00, respectively. As per BSE data, total traded volume on the counter till 11:25AM (IST) stood at 4352 shares with a turnover of Rs 1.95 crore.
At the prevailing price, the stock traded at 43.41 times its trailing 12-month EPS of Rs 103.43 per share and 11.32 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future….
