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CNBC TV18

Canara Robeco AMC jumps nearly 17% on July 22 after first quarterly results since listing

AI Market Summary
Canara Robeco AMC shares posted a record one-day jump after its first post-listing quarterly results showed a sharp sequential rebound in net profit, helped by mark-to-market and a swing in other income, alongside modest QAAUM growth and slightly improved operating margin. However, SIP flows fell sequentially, highlighting mixed underlying retail momentum. The move is stock-specific with limited broader market read-through.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.88%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Canara Robeco AMC reported its first quarterly results since listing, with net profit up 83% quarter-on-quarter to ₹75.6 crore. Other income swung to ₹29.6 crore from negative ₹10.4 crore, while operating margin edged up to 62.65% from 62.17%. Quarterly Average Assets Under Management (QAAUM) rose 1% to ₹1.18 lakh crore. The stock climbed as much as 17% intraday, its biggest single-day rise since the October 2025 listing, and now trades at ₹273.44, 8.4% above the ₹266 issue price.
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