ICICI Prudential AMC shares fall 2% after cost-led earnings miss; analysts stay bullish

ICICI Prudential AMC shares fell 2.11 per cent to ₹3,138.10 on Tuesday after the firm reported a cost-led earnings miss. Profits reached ₹9.65 billion, missing street estimates due to higher employee expenses. Despite this, many analysts stayed bullish on the stock, keeping their buy ratings and high price targets intact.