ICICI Prudential AMC shares slip over 3% after Q4 results. Check details

Shares of ICICI Prudential Asset Management Company declined as much as 3.4% to their day's low of Rs 3,238 on the BSE on Wednesday after it reported solid profit growth for the March quarter, driven by higher income and better operating performance.Profit after tax for Q4 stood at Rs 763 crore, up 10% from Rs 692 crore in the same quarter last year. Profit before tax rose to Rs 1,039 crore from Rs 917 crore in the year-ago period. The company also announced a dividend of Rs 12.4 per share.Opera...