TVS Motor Company Limited
ICICI Prudential Mutual Fund increased its stake in TVS Motor Company from 5.81% to 6.81%, buying 47,62,606 shares. This stake is worth ₹1,723 Cr at a share price of ₹3,618.20.
A leading manufacturer of two-wheelers and three-wheelers in India, TVS Motor Company produces a diverse range of motorcycles, scooters, and three-wheeler vehicles along with associated accessories and components. The company serves both domestic and international markets through multiple brands and product categories, maintaining a strong presence in the two and three-wheeler segment with a focus on innovation, quality, and meeting diverse customer needs across various market segments.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.