HDFC Asset Management Company Faces Short-Term Decline Amid Broader Market Volatility

HDFC Asset Management Company has experienced a notable decline of 3.01% on May 8, 2025, underperforming its sector by 1.72%. The stock reached an intraday low of Rs 4,285, reflecting a drop of 3.32%. Despite this downturn, HDFC Asset Management Company maintains a position above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average.
In the broader market context, the Sensex initially opened positively, gaining 165.56 points, but subsequently reversed course, falling by 514.16 points to trade at 80,398.18, a decrease of 0.43%. While HDFC Asset Management Company’s one-day performance shows a decline of 3.36%, its one-week performance is down by 1.84%. However, the company has shown resilience over longer periods, with a one-month increase of 11.19% compared to the Sensex's 8.31%, and a one-year performance of 15.29% against the Sensex's 9.44%. Over three years, HDFC Asset Management Company has surged by 118.67%, significantly outperforming the Sensex's 46.62% increase.