HDFC AMC, the market leader in the asset management space, listed with much fanfare last year. Investors flocked to the stock, which listed 59% higher than its issue price of Rs 1,100. Since then, the stock has continued to move higher, hitting an all-time high of Rs 3,140 in October with a strong Q2FY20 performance.
HDFC AMC’s Rajat Malhotra sells shares worth ₹59 million as the stock hits an all-time high
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