February 8, 2025
Home » ICICI Securities maintains Add rating on HDFC AMC, lowers target price to Rs 4,400 Jobbery Stock Market update
ICICI Securities maintains Add rating on HDFC AMC, lowers target price to Rs 4,400

ICICI Securities recommends an ADD call on HDFC Asset Management with a target price of Rs 4,400. HDFC AMC, a major player in financial services, reported significant growth in core EBITDA driven by better yields. The company showed a strong performance in equity market shares and SIP flows, suggesting optimistic future business metrics.

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