Prabhudas Lilladher ne ICICI Prudential Asset Management Company (ICICIAMC) ke liye apni 'BUY' recommendation dobara di hai, target price ko ₹3000 se badhakar ₹3300 kar diya hai. Ye upgrade company ke mazboot quarterly performance ke baad aaya hai, jismein assets under management mein acchi growth aur market share gain dikha. Asset manager ka equity Assets Under Management (AUM) sequential basis par 7.3% badha, jo industry ke 5.1% growth se behtar hai. Isse core income mein 6.1% ka izafa hua, jismein operating expenses mein 12% ki kami aur net revenue mein 2% ka increase bhi shamil hai. Mutual fund yields mein thodi kami (47.6 basis points) ke bawajood, company ne non-mutual fund revenue share ko lagbhag 9% par stable rakha. ICICI Prudential AMC ne net equity flows mein sabse zyada market share hasil kiya, jo fiscal year 2026 ke pehle nau mahino mein 18.2% raha. Iska total equity assets mein stock market share bhi quarter-on-quarter 28 basis points badhkar 13.9% ho gaya. Report ke mutabik, ICICIAMC 5 basis points Total Expense Ratio (TER) reduction ke impact ko easily handle kar sakti hai, kyunki commission payouts kam hain aur equity products mein net distribution share bhi kam hua hai. Mr. Sankaran Naren ki 1 July, 2026 se do saal ke liye Executive Director ke roop mein reappointment ne key managerial personnel (KMP) risk ko address kiya hai. Prabhudas Lilladher ne iske baad FY27 aur FY28 ke liye core earnings per share (EPS) forecasts ko 5.7% aur 6.8% tak badha diya hai. September 2027 core EPS ke liye target multiple ko bhi 38.0x se badhakar 39.0x kar diya gaya hai.
ICICI Prudential AMC Ka Target Badha, Prabhudas Lilladher Ne ₹3300 Kiya Reiterate 'BUY'
BANKINGFINANCE
Overview
Prabhudas Lilladher ne ICICI Prudential Asset Management Company par 'BUY' rating maintain ki hai aur target price ₹3300 kar diya hai. Brokerage ne strong quarterly results, equity AUM mein 7.3% sequential growth, equity flows mein market share increase, aur core income mein sudhar ka zikr kiya. Report mein Sankaran Naren ki reappointment aur potential yield declines ko bhi mention kiya gaya hai.
Disclaimer:This content
is for educational and informational purposes only and does not constitute investment, financial, or
trading advice, nor a recommendation to buy or sell any securities. Readers should consult a
SEBI-registered advisor before making investment decisions, as markets involve risk and past performance
does not guarantee future results. The publisher and authors accept no liability for any losses. Some
content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views
expressed do not reflect the publication’s editorial stance.