ICICI Prudential AMC shares fall 2% as IPO lock-in expiry frees up Rs 1.2 lakh crore stake for trade

ICICI Prudential AMC shares dropped 2% to Rs 513 as 34.4 crore shares became eligible for trade post IPO lock-in expiry. The company’s stock has seen significant volatility since its December listing, currently trading 32% above its listing price and 59% above its IPO price. Recent earnings show a 10% year-on-year profit increase in Q4 and a 24.

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