ICICI Prudential AMC Shares Surge 4% on Strong Q3 Results, S Naren Reappointment

• ICICI Prudential AMC shares jumped 4% after reporting strong Q3FY26 earnings post-listing.
• The company saw a 7% QoQ revenue increase to ₹1,515 crore and a 10% sequential profit growth to ₹917 crore.
• Mutual fund QAAUM grew 6.1% QoQ to ₹10.76 lakh crore, with equity QAAUM up 7.3% QoQ.
• Sankaran Naren has been reappointed as Executive Director for two years, effective July 1, 2026.
• Brokerages like Centrum Broking, Equirus Securities, and PL Capital have issued 'Buy' or 'Long' ratings with positive price targets.

Why It Matters: ICICI Prudential AMC's strong Q3 results and key reappointment fueled a 4% share surge and positive brokerage outlook.