Latest news about ICICI Prudential Asset Management
ICICI Prudential AMC Appoints Prashant Kumar as Additional Director 7 days ago
ICICI Prudential Asset Management Company has appointed Prashant Kumar as Additional Director. Kumar previously served as Managing Director & CEO of Yes Bank, bringing significant banking and financial services leadership experience to the asset management company's board.
UBS Raises Target Price to ₹3,900 for ICICI Prudential Asset Management, Maintains Buy Rating Apr 15, 2026
More news about ICICI Prudential Asset Management
15Apr 26
HSBC Maintains Buy Rating on ICICI Prudential Asset Management with ₹3,800 Target
HSBC has maintained its Buy rating on ICICI Prudential Asset Management while raising the target price to ₹3,800, following the company's strong 4QFY26 PAT beat driven by higher treasury gains and disciplined cost management. The brokerage expects earnings outperformance over FY27-29 supported by AUM market share gains, yield enhancement opportunities, and operating leverage benefits.
15Apr 26
CLSA Raises Target Price for ICICI Prudential Asset Management to ₹3,730 on Strong AUM Growth
CLSA maintains Outperform rating on ICICI Prudential Asset Management Company with an upgraded target price of ₹3,730. Despite PAT declining to ₹7.6bn due to mark-to-market impacts, the company showed operational strength with 2% QoQ operating profit growth. QAAUM reached ₹11tn with impressive growth of 3% QoQ and 26% YoY, while active equity AUM grew 2% QoQ with 40bps market share gain. The company maintained strong SIP and lump-sum flows along with continued robust equity sales despite Middle East macro concerns.
HSBC Maintains Buy Rating on ICICI Prudential AMC with ₹3,600 Target Amid Market Volatility
HSBC maintains its Buy rating on ICICI Prudential Asset Management with a ₹3,600 target price, emphasizing the company's market-leader positioning as key for capturing market-share gains despite volatile equity markets. The brokerage notes that while the AMC sector faces dual pressures from weak equity markets and broader earnings challenges across life insurers and asset managers, the company's superior competitive positioning and operational efficiency through positive operating jaws will help it navigate these headwinds more effectively than peers.
09Apr 26
CLSA Initiates Outperform Rating on ICICI Prudential AMC with ₹3,500 Target Price
CLSA has initiated an Outperform rating on ICICI Prudential Asset Management Company with a ₹3,500 target price, driven by strong growth prospects in the Indian mutual fund sector. The brokerage highlights the company's market-leading position in actively managed AUM with high equity exposure and projects robust growth with 18% AUM CAGR and 16% PAT CAGR over FY26-28, supported by the industry's expected 20% CAGR expansion.
Bernstein Initiates Outperform Rating on ICICI Prudential Asset Management with Rs 3,500 Target Price
Bernstein has initiated coverage on ICICI Prudential Asset Management Company with an Outperform rating and Rs 3,500 target price. The positive rating is supported by strong fund performance, rising asset flows, tight commission control, and a robust alternatives business that justify premium valuation. While the brokerage highlighted key-man risks related to CIO dependency and succession planning concerns, these are partially mitigated by the company's track record of internally developing talent.