KPIT Technologies Limited
ICICI Prudential Life Insurance decreased its stake in KPIT Technologies from 1.85% to 1.33%, selling 14,48,797 shares. The value of the sold shares is approximately ₹80.25 Cr, calculated at a share price of ₹554.05.
A global technology company specializing in embedded software, artificial intelligence, and digital solutions for the automotive and mobility sectors. KPIT develops innovative platforms that enable autonomous, clean, smart, and connected mobility technologies for customers worldwide. With over thirteen thousand employees and development centers across Europe, USA, Japan, China, Thailand, and India, the company accelerates implementation of next-generation transportation solutions.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.