Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Market

HDFC AMC shares fall 6% as the company takes Essel Group exposure on books

Updated : June 18, 2019 10:06 AM IST

The stock fell as much as 6.6 percent to Rs 1,801 per share on the BSE.
HDFC AMC has offered exits to investors of some fixed-maturity plans (FMPs) impacted by the Essel Group exposure.
The company will use shareholder money to repay the investors in full.
HDFC AMC shares fall 6% as the company takes Essel Group exposure on books
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV