The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside. The stock hit a record high of Rs 436 on 7 September 2023.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He