![HDFC AMC surges 5% as promoter abrdn plans to exit](https://images.assettype.com/fortuneindia%2F2022-12%2Ffa0ce224-a646-473b-93f0-cd06830ce8f5%2FHDFC.webp?w=300&q=95)
HDFC AMC surges 5% as promoter abrdn plans to exit
abrdn Investment Management will sell its entire 10.21% stake in HDFC AMC, which would fetch around ₹4,700 crore to the U.K.-based firm.
abrdn Investment Management will sell its entire 10.21% stake in HDFC AMC, which would fetch around ₹4,700 crore to the U.K.-based firm.