HDFC AMC share price slips over 5% after Q1 results. Opportunity to buy?

HDFC AMC shares slipped over 5% in early trade on Thursday despite the company reporting a strong Q1FY27, with consolidated net profit rising 12% year-on-year to Rs 837.13 crore and revenue from operations up 13.6% at Rs 1,099.72 crore. Assets Under Management grew to Rs 9.35 lakh crore from Rs 8.3 lakh crore, driven by resilient equity inflows and sustained SIP momentum. Brokerages Motilal Oswal and Centrum maintained Buy ratings, with target prices raised to Rs 3,300 and Rs 3,340 respectively, viewing the post-results decline as a buying opportunity.