Shares of HDFC Asset Administration Firm Restricted fell sharply on Monday, 18 Might, hitting a day low of Rs 2,602.20 on the NSE after the fund home disclosed a cyber safety incident that came about over the weekend.
The disclosure weighed on investor sentiment early within the session.
In an alternate submitting, HDFC AMC revealed it acquired a communication from an nameless supply on 16 Might 2026, claiming entry to sure parts of its IT infrastructure. The corporate mentioned it instantly activated its containment and incident response protocols and introduced in a specialist agency to evaluate the potential affect.
The fund supervisor was fast so as to add context. Primarily based on its preliminary evaluate, the incident is unlikely to have an effect on the day-to-day operating of the enterprise, and there doesn’t seem like any materials affect on operations to this point.
The detailed evaluation continues to be ongoing. The corporate mentioned the disclosure was made proactively whereas the evaluation stays ongoing.
Coming into this week, the Mumbai-based asset supervisor had already reported a blended set of March quarter numbers. Standalone internet revenue dipped round 2% year-on-year to Rs 623.29 crore in This fall FY26.
Income from operations informed a unique story, climbing 16.56% YoY to Rs 1,050.48 crore throughout the identical interval.
At 12:40 pm, the inventory was buying and selling at Rs 2,618.40 on the NSE, down 3.15% from Friday’s shut of Rs 2,703.50. The 52-week vary runs from Rs 2,205.60 to Rs 2,967.25, and the inventory is up round 10% over the previous 12 months.
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