# Motilal Oswal sees ICICI Prudential AMC shares rising 23% 2026-08-19T18:16:25+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Motilal Oswal has set a target price of Rs 720 for ICICI Prudential Asset Management Company, implying a potential upside of 23% from current levels. The brokerage cited multiple growth drivers, including the company's continued investments in technology and artificial intelligence, expansion of its alternatives franchise, and initiatives in GIFT City as long-term levers beyond core business. The positive outlook comes as ICICI Prudential AMC focuses on diversifying revenue streams through alternative assets and international operations. The brokerage's analysis suggests these factors will drive sustained growth for the asset manager. Investors will watch for the company's quarterly results and any updates on its GIFT City operations to gauge progress on these growth drivers. ## Indian Opinion Analysis The 23% upside target reflects growing investor appetite for asset management firms with diversified revenue beyond equity markets. ICICI Prudential AMC faces stiff competition from HDFC AMC and Nippon India AMC in the mutual fund space, but its foray into alternatives and GIFT City offers a distinct edge. The next trigger is the company's Q3 earnings, due in January, which will show if these newer segments are contributing meaningfully to the bottom line. ## Coverage - ndtvprofit.com The article reports a brokerage's target price and rationale without editorialising, presenting it as a market call. This story was synthesised by AI from the source linked above. Tags: GIFT City, ICICI Prudential AMC, Motilal Oswal Canonical: https://indianopinion.org/motilal-oswal-sees-icici-prudential-amc-shares-rising-23/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/motilal-oswal-sees-icici-prudential-amc-shares-rising-23/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/