 "ICICI Prudential AMC, NSE")
Shares of ICICI Prudential Asset Management Company (AMC) surged as much as 23 per cent on their trading debut on Friday, as investors bet on the company as a key beneficiary of the ongoing shift in household savings from traditional assets to equities. The stock touched an intraday high of ₹2,663, before settling at ₹2,576, up ₹411, or 19 per cent, over its issue price of ₹2,165 per share.
At close, ICICI Prudential AMC commanded a market capitalisation of ₹1.27 trillion, making it the most valued stock in India’s capital market ecosystem and overtaking peer HDFC AMC, which is currently
