India's ICICI Prudential AMC quarterly results boost growth prospects, analysts say

Icici Prudential Life Insurance

15/04/2026 05:45

** ICICI Prudential AMC IICL.NS reported 10.4% jump in Q4 profit led by strong domestic inflows

** Antique Stock Broking analysts say India's top asset manager combines scale, fast-growing non-microfinance businesses, robust profitability that justifies premium valuation vs peers

** Maintains "buy" rating, hikes PT to 3,650 rupees from 3,500 rupees

** Jefferies says IICL's investor behaviour remains positive, citing capital deployment on days of sharp corrections in March, suggesting a pick-up in lump-sum investments

** Adds, Q4 results show IICL can deliver better AUM growth in uncertain environment

** Avg rating of 15 analysts "buy"; median PT 3,500 rupees - LSEG data

** Stock down 4% at 3,235.60 rupees on Wednesday, fell 1% Monday after last week's 19% jump; YTD, up 21.6%

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))