India, June 16 -- Shares of Tatton Asset Management plc (TAM.L) were gaining approximately 15.51 percent on the London Stock Exchange after the firm reported higher profit in fiscal 2026, ahead of market estimates, due to growth in Assets Under Management and Influence or AUM/I, and underlying net inflows.
Further, the company lifted dividend and said it expects to make good progress in the year ahead and beyond despite the uncertainties in geopolitics and volatile market.
The firm also maintained growth target of 30 billion pounds AUM/I1 by the end of the financial year 2029 and said it is confident to meet or exceed the target.
Profit before tax in 2026 rose to 25.31 million pounds from 21.60 million pounds last year.
Profit after tax...