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The stock quoted a 52-week high price of Rs 449.8 and low of Rs 294.75.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 229.70 crore, up 24.36 per cent from last quarter total income of Rs 184.70 crore and up 68.77 per cent from last year same quarter total income of Rs 136.10 crore.

ETMarkets.com found five stocks which have given double-digit returns in each of the last four months of over 10 per cent each (Data Source: ACE Equity). We considered only companies with a market cap of over Rs 500 crore. Interestingly, in the last 4 months, these stocks have given a total return anywhere between 60 per cent and 850 per cent.

Barring the US dollar-pegged stablecoins, all top crypto tokens were trading in the red on Friday. Ethereum slumped another 6 per cent, whereas Cardano, Dogecoin and Polygon tumbled more than 3 per cent each.

"It is very important to diversify across sectors in mid and smallcaps. However, we believe that even within the same sector, companies can have diverse outcomes based on quality of management. We have seen examples of the same in sectors such as consumer durable financing and pipes where leading companies have delivered vastly superior returns compared to the average of the sector."

As a result of the massive surge in share prices, the Ahmedabad-based businessman’s wealth grew 116 per cent in the last one year and in absolute terms, he earned Rs 5,88,500 crore, according to IIFL Wealth Hurun India Rich List 2022.

A total of 205,392 shares changed hands on the counter till 10:10AM (IST)

“One should keep some powder dry because there will be heightened volatility in the interim. We definitely seem to be decoupling from emerging markets and right now, developed markets in the short run. But one cannot completely be decoupled if yields go up aggressively and if there is reasonably quantitative tightening.”

HDFC Asset Management Company Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 41140.28 Crore) operating in Financial Services sector.

The Nifty Pharma index was trading 0.27 per cent down at 12540.15.