Buy Aditya Birla Sun Life AMC, target price Rs 1,045: Axis Securities

Stocks

Buy Aditya Birla Sun Life AMC, target price Rs 1,045: Axis Securities

Byaea2ede5_admin January 1, 2025

Axis Securities has a buy call on Aditya Birla Sun Life AMC with a target price of Rs 1045. The current market price of ABSL AMC is Rs 852.3. Aditya Birla Sun Life AMC, incorporated in 1994, is a Small Cap company with a market cap of Rs 24601.79 crore, operating in the Financial Services sector.

Aditya Birla Sun Life AMC’s key products/revenue segments include Fees & Commission Income for the year ending 31-Mar-2024.

Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 520.05 crore, up 8.02% from last quarter Total Income of Rs 481.43 crore and up 33.11% from last year same quarter Total Income of Rs 390.69 crore. The company has reported net profit after tax of Rs 242.34 crore in the latest quarter. The company?s top management includes Mr.A Balasubramanian, Mrs.Vishakha Vivek Mulye, Mr.Sandeep Asthana, Mr.Amrit Kanwal, Mr.Sunder Rajan Raman, Mr.Supratim Bandyopadhyay, Mr.Navin Puri, Mr.Ramesh Abhishek, Ms.Alka Bharucha. Company has S R Batliboi & Co. LLP as its auditors. As on 30-09-2024, the company has a total of 29 crore shares outstanding.

Promoter/FII Holdings
Promoters held 74.95 per cent stake in the company as of 30-Sep-2024, while FIIs owned 4.54 per cent, DIIs 12.37 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Stocks

How I Passed “Prop Firm Challenge” Using “Supply Demand EA ProBot”
Byaea2ede5_admin June 21, 2024

Hello traders, On this post i demonstrate you the settings that i used on “Supply Demand EA ProBot” to pass the Prop Firm Challenge and a few words about my Trading Strategy. Also i recorded a video where you can see some of live trades and all of my closed positions on the trading history….

Read More How I Passed “Prop Firm Challenge” Using “Supply Demand EA ProBot”
Stocks

Linkfest : 30 December, 2024
Byaea2ede5_admin December 29, 2024

Some stuff I am reading today morning: 4 IPOs, 6 New Listings this week ( MC ) Retail bets big on SME IPOs ( FE ) Navi Mumbai airport to be inaugurated in April 2025 ( Rediff ) India’s GCC boom ( DH ) Sector : Cement ( Ikigai ) Solar manufacturing in India (…

Read More Linkfest : 30 December, 2024
Stocks

Friday: Personal Income & Outlays
Byaea2ede5_admin September 25, 2025

by Calculated Risk on 9/25/2025 08:00:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM ET, Personal Income and Outlays, August 2025. The consensus is for a 0.3% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to…

Read More Friday: Personal Income & Outlays
Stocks

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.21% By Investing.com
Byaea2ede5_admin November 24, 2024

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the rose 0.21%. The best performers of the session on the were Arabian Contracting Services Company CJSC (TADAWUL:), which rose 9.97% or 15.20 points to trade at…

Read More Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.21% By Investing.com
Stocks

BEML : 1 Lakh Cr Order Pipeline
Byaea2ede5_admin December 19, 2024

Source : Earnings Call of BEML Ltd Source link

Read More BEML : 1 Lakh Cr Order Pipeline
Stocks

D-Street looks set for Modi rally tomorrow
Byaea2ede5_admin June 1, 2024

Mumbai: Indian equities are poised to rise on Monday, with exit polls predicting a victory for the BJP-led National Democratic Alliance (NDA) in the general election, easing investor uncertainty over the ruling coalition’s performance, analysts said. Benchmark indices may rise about 2% Monday as foreign investors could reduce bearish bets, giving the market a boost….

Read More D-Street looks set for Modi rally tomorrow

Leave a Reply Cancel reply