Hdfc Amc Stock Update Archives

Promoter Abrdn sells entire stake in HDFC AMC for Rs 4,079 cr; Morgan Stanely, SBI MF among buyers

20 June 2023 by Admin

Promoter Abrdn has sold its entire stake in HDFC AMC through block deal on Tuesday and earned about Rs 4,079 crore. According to the block deal data available with the exchanges, Abrdn has sold 2.18 crore shares or 10.2% stake in the company at Rs 1,873 apiece. Further, data showed that prominent investors lapping up … Read more

Adani investor GQG Partners offloads part stake in HDFC AMC in open market transaction

20 March 2023 by Admin

US-based GQG Partners, which has invested in the crisis-ridden Adani group, has sold its part stake in HDFC Asset Management Company (AMC) through open market transactions on Monday. GQG Partners has sold about 24.7 lakh shares or 1.16% equity in the company for nearly Rs 397 crore. The deal was executed at an average weighted … Read more