HDFC AMC Stock Jumps 3% on Q3 Profit Surge, Beats Estimates

• HDFC Asset Management Company's stock rose over 3% after reporting a 20% year-on-year jump in Q3 FY26 net profit.
• The company's consolidated net profit reached Rs 769 crore, surpassing CNBC-TV18's estimate of Rs 730 crore.
• Consolidated revenue increased by 15% year-on-year to Rs 1,075 crore, slightly exceeding Street estimates.
• HDFC AMC's market capitalization stands at approximately Rs 1.1 lakh crore, with the stock gaining 32.5% in the past year.
• The company also approved the grant of 58,700 equity shares under its ESOP and PSU Scheme-2025 as equity-linked incentives.

Why It Matters: HDFC AMC's strong Q3 FY26 financial performance, with significant profit and revenue growth, boosted its stock.