Archive · 17 Jan 2026
AMC Stocks Rally on Strong Q3 Earnings
Stocks of companies that manage investments, called AMCs, went up on Friday.
This happened because these companies reported good earnings for the last three months.
ICICI Prudential AMC went up the most, by 7.2%.
HDFC AMC also did well, with its profit going up by 20%.
Experts think these companies will keep doing well because they have good strategies and a strong presence in the market.
Some companies are also dealing with changes in rules that might affect their smaller investment schemes.
AMC stocks surged on Friday due to strong Q3 earnings.
ICICI Prudential AMC rose 7.2% to Rs 2,933.55.
HDFC AMC reported 15% revenue growth and 20% profit increase.
Motilal Oswal raised HDFC AMC's target price to Rs 3,200.
ICICI Prudential's profit grew 45% y-o-y to Rs 917.09 crore.
- Who
- Investors and asset management companies (AMCs) in India
- What
- Stock price surge due to strong Q3 earnings
- When
- Friday (specific date not mentioned)
- Where
- Bombay Stock Exchange (BSE)
- Why
- Robust financial performance and positive brokerage outlooks
- ICICI Prudential AMC
- Rs 2,933.55, +7.2%
- Canara Robeco AMC
- Rs 295.4, +4.5%
- HDFC AMC
- Rs 2,596.20, +1.6%
- HDFC AMC Revenue
- Rs 1,080 crore, +15% y-o-y
- HDFC AMC Profit
- Rs 770 crore, +20% y-o-y
- Motilal Oswal Target
- Rs 3,200, +23% upside
- ICICI Prudential PAT
- Rs 917.09 crore, +45% y-o-y
- Centrum Target
- Rs 3,251, +11% upside
- Aditya Birla Sun Life AMC
- Rs 831.95, +3%
- Nippon Life India AMC
- Rs 882.35, +2.1%
