Asset management companies have seen significant stock gains this year, fueled by record inflows and expectations of relaxed regulations. However, analysts caution that increasing industry competition and stretched valuations may moderate future gains. New entrants and potential listings could further intensify competition, potentially leading to a correction in AMC stock prices.
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.