ICICI Prudential AMC reported a 23% net profit increase for Q1 FY27. Revenue from operations also saw an 18% year-on-year growth. Mutual fund assets under management rose by 11% to Rs 82.40 lakh crore. Brokerages like JM Financial and Motilal Oswal maintained positive ratings. Emkay also reiterated its buy recommendation with a higher target price.
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