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MoneyWireHDFC AMC raises stake in Five-Star Business Finance by 2.15% to 7.15%

HDFC AMC raises stake in Five-Star Business Finance by 2.15% to 7.15%

This story was originally published at 12:28 IST on 19 February 2026
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Informist, Thursday, Feb. 19, 2026

 

MUMBAI – HDFC Asset Managament Co. Ltd. has raised its stake in Five-Star Business Finance Ltd. by 2.15% to 7.15%. "...we wish to inform you that there has been an increase in the shareholding of the Company by the Schemes of HDFC Mutual Fund by 2.15% as of February 17, 2026," HDFC AMC said in an exchange filing Thursday. 

 

The aggregate holding of the schemes of HDFC Mutual Fund in Five-Star Business was 7.15% as on Tuesday, up from 5.00% as on Sept. 5. HDFC AMC now holds 21.06 million shares of Five-Star Business, up from 14.74 million as on Sept. 5.

 

HDFC AMC reported a net profit of INR 7.70 billion for the December quarter, up 20% on year, while Five-Star Business' net profit rose 1% on year to INR 2.77 billion. 

 

At 1212 IST, shares of HDFC AMC were down 2% at INR 2,756.70 on the National Stock Exchange. Five-Star Business' shares were up 0.4% at INR 441.35 on the exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Shubham Rana

Edited by Avishek Dutta

 

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