HDFC AMC Shares Seen Gaining 31% on Growth Catalysts

Motilal Oswal Financial Services believes HDFC AMC’s shares could rise significantly.

It gave the stock a BUY rating and a target price of Rs 3,200.

HDFC AMC manages money invested in mutual funds and other products.

The brokerage expects the company’s assets under management to grow at a mid-teens rate.

It also expects revenue, EBITDA and profit to grow strongly between FY26 and FY28.

More people are investing their savings in financial markets, which could help the company.

HDFC AMC can also attract customers through its products, distributors, banks and digital platforms.

Its alternatives business and newer investment platforms may create additional growth.

However, the stock had fallen 16% over the past year and 9% this year at the time of the report.