UTI Asset Management Company Ltd Share Price

Description

• UTI Asset Management Company Ltd is in the Financial sector and is having a Market Capitalization worth Rs. 14,319.32 crores, it is incorporated in the year 1963. It has reported consolidated sales of Rs. 344.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 543238 and additionally listed in the National Stock Exchange (NSE) with the code UTIAMC.

  UTI Asset Management Company or UTI Mutual Fund was formed out of the erstwhile Unit Trust of India and was registered under SEBI in February’2003. The Unit Trust of India was established under the provisions of The Unit Trust of India Act, 1963, which was later repealed to allow the division of UTI into the Specified Undertaking of Unit Trust of India (SUUTI) and the Unit Trust of India Mutual Fund or UTI AMC. UTI Mutual Fund is India’s oldest and largest mutual fund, with over 230 domestic schemes in its portfolio. UTI AMC has a nationwide spread with over 174 financial centers and 48 thousand AMFI certified independent Financial Advisors. The promoters of the company do not hold any of the stakes in the company. The stakes are held by Foreign Institutional Investors (FII), who own 4.07%; Domestic Institutional Investors (DII), who own 86.76% of the stake; and others (such as public and retail investors) hold the balance of 9.17%.

  In June 2021, quarterly net revenue was Rs. 275.71 crores, which has increased by approximately 31.26 % from Rs. 210.05 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 119.01 crores, which has increased sharply by nearly 72.25% from a net profit of Rs. 69.09 crores in June 2020. In June 2021, the reported operating profit was at Rs. 244.05 crores, which is also reduced by 29.52% as compared to an operating profit of Rs. 188.43 crores for the quarter ending in June 2020. From Rs. 5.45 in June 2020, the EPS of UTI Asset Management Company Ltd has risen to Rs. 9.39 per share in June 2021. UTIAMC’s stock closed at Rs. 1,129.40 on 18th August’2021 (NSE) and has returned 101.44% in the last six months and 137.14% in the previous year.

• UTI Asset Management Company Ltd is in the Financial sector and is having a Market Capitalization worth Rs. 14,319.32 crores, it is incorporated in the year 1963. It has reported consolidated sales of Rs. 344.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 543238 and additionally listed in the National Stock Exchange (NSE) with the code UTIAMC.

  UTI Asset Management Company or UTI Mutual Fund was formed out of the erstwhile Unit Trust of India and was registered under SEBI in February’2003. The Unit Trust of India was established under the provisions of The Unit Trust of India Act, 1963, which was later repealed to allow the division of UTI into the Specified Undertaking of Unit Trust of India (SUUTI) and the Unit Trust of India Mutual Fund or UTI AMC. UTI Mutual Fund is India’s oldest and largest mutual fund, with over 230 domestic schemes in its portfolio. UTI AMC has a nationwide spread with over 174 financial centers and 48 thousand AMFI certified independent Financial Advisors. The promoters of the company do not hold any of the stakes in the company. The stakes are held by Foreign Institutional Investors (FII), who own 4.07%; Domestic Institutional Investors (DII), who own 86.76% of the stake; and others (such as public and retail investors) hold the balance of 9.17%.

  In June 2021, quarterly net revenue was Rs. 275.71 crores, which has increased by approximately 31.26 % from Rs. 210.05 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 119.01 crores, which has increased sharply by nearly 72.25% from a net profit of Rs. 69.09 crores in June 2020. In June 2021, the reported operating profit was at Rs. 244.05 crores, which is also reduced by 29.52% as compared to an operating profit of Rs. 188.43 crores for the quarter ending in June 2020. From Rs. 5.45 in June 2020, the EPS of UTI Asset Management Company Ltd has risen to Rs. 9.39 per share in June 2021. UTIAMC’s stock closed at Rs. 1,129.40 on 18th August’2021 (NSE) and has returned 101.44% in the last six months and 137.14% in the previous year.