scorecardresearchHere's why Kotak Equities upgraded HDFC AMC from 'sell' to 'add'

Here's why Kotak Equities upgraded HDFC AMC from 'sell' to 'add'

Updated: 22 Jun 2022, 12:50 PM IST
TL;DR.
The brokerage believes that the stock price adequately reflects the negatives against the company. After the recent fall, the valuation of HDFC AMC makes the risk-reward attractive, it added.
The brokerage believes that the stock price adequately reflects the negatives against the company. After the recent fall, the valuation of HDFC AMC makes the risk-reward attractive, it added.

The brokerage believes that the stock price adequately reflects the negatives against the company. After the recent fall, the valuation of HDFC AMC makes the risk-reward attractive, it added.