Buy UTI AMC., target price Rs 1,600: Motilal Oswal Financial Services

Motilal Oswal sets a target price of Rs 1600 for UTI AMC. UTI AMC's stock is currently priced at Rs 1366. The brokerage anticipates strong growth for UTI AMC. They project a 20% CAGR for AUM. Revenue and core PAT are expected to grow by 18% and 29% respectively. This growth is predicted for the fiscal years 2024-2027.