“Retained a 'Buy' rating on NAM AMC with a target price of ₹1,320, implying a 13% upside from Monday's close. The analyst day focused on factors sustaining performance, including funds consistently in top tiers due to processes reducing key-person dependence and prioritizing long-term returns. The company is also increasing focus on smaller B-30 markets via one-man operations and digital channels.”

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%