2025-04-04 01:58:16 pm | Source: Motilal Oswal Financial Services Ltd
Buy HDFC AMC Ltd For Target Rs. 4,800 by Motilal Oswal Financial Services Ltd
* AUM expected to decline sequentially largely due to the impact of weak market sentiment on equity AUM
* On sequential basis, yields to see a marginal decline
* Cost-to-income ratio to increase sequentially mainly due to operating deleverage
* Weak market performance in 4Q to hurt other income
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