HighNegative
Announced Fri, 19 Jun · 09:22 IST

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

Price reaction · full curve

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AI summary

ICICI Prudential Asset Management Company shares fell 2% as the six-month post-IPO lock-in period expired, freeing up around Rs 1.2 lakh crore worth of shares for trading. The stock, listed in December, has seen fluctuations since its debut but remains above its IPO and listing prices. The company has reported strong earnings growth for the financial year.