HDFC AMC and ICICI Prudential AMC Shares Rise on Strong Q3 FY26 Financial Results

HDFC Asset Management Company (HDFC AMC) and ICICI Prudential AMC reported strong third-quarter results for FY26, leading to significant share price gains. HDFC AMC's revenue rose 15% year-on-year to ₹1,075 crore, with assets under management increasing 19% annually. ICICI Prudential AMC posted a 45% profit rise to ₹917 crore and a 23.5% revenue increase. Both companies saw growth in customer base and transactions, with brokerages maintaining positive outlooks despite some valuation concerns.