23-07-2024 03:03 PM | Source: Accord Fintech
Asset Management stocks fall amid announcement of 20% TDS on repurchase by MF or UTI withdrawn

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Asset Management Company stocks decline amid Finance Minister Nirmala Sitharaman announced that 20% TDS on repurchase by MF or UTI withdrawn.

HDFC Asset Management Company is currently trading at Rs. 3943.05, down by 105.30 points or 2.60% from its previous closing of Rs. 4048.35 on the BSE. The scrip opened at Rs. 4047.00 and has touched a high and low of Rs. 4095.50 and Rs. 3709.30 respectively. So far 19275 shares were traded on the counter.

Shriram Asset Management Company is currently trading at Rs. 461.95, down by 24.30 points or 5.00% from its previous closing of Rs. 486.25 on the BSE. The scrip opened at Rs. 496.00 and has touched a high and low of Rs. 496.00 and Rs. 461.95 respectively. So far 3005 shares were traded on the counter.

Nippon Life India Asset Management is currently trading at Rs. 619.70, down by 18.95 points or 2.97 % from its previous closing of Rs. 638.65 on the BSE.The scrip opened at Rs. 640.40 and has touched a high and low of Rs. 662.35 and Rs. 582.90 respectively. So far 104668 shares were traded on the counter.