HDFC AMC Share Price: Share price of HDFC AMC as Sensex gains 295.36 points
The share price of HDFC Asset Management Company Ltd. 0.42 per cent to Rs 4280.00 at 12:02PM (IST) in Monday’s trade. The stock has hit a high of Rs 4299.90 and low of Rs 4240.00 so far during the session. The stock had closed at Rs 4261.90 in the previous session.
The counter has had a total traded volume of 497 shares so far with a value of Rs 0.22 crore on the NSE. It traded at a price-to-earnings multiple of 41.54 and a price-to-book ratio of 11.32.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to…
