ICICI Prudential AMC shares drop 2% on earnings miss
after close1 source ↓written by the desknot a recommendation
- Management Company fell
- 2.11%
- after reporting
- ₹3,138.10
- and hit
- ₹3,251.10
- amid heavy selling
- ₹3,090.70
- of orders
- 63.84%
Shares of ICICI Prudential Asset Management Company fell 2.11% to ₹3,138.10 after reporting a cost-driven earnings miss. The stock opened at ₹3,251.10 and hit a low of ₹3,090.70 amid heavy selling pressure, with 63.84% of orders on the sell side. Despite this, brokerages remain bullish, with Motilal Oswal maintaining a Buy rating and a target price of ₹3,800.
Not investment advice. For informational purposes only.