ICICI Prudential Mutual Fund decreased its stake in MphasiS Limited from 5.55% to 5.32%, selling 423,773 shares. This transaction is valued at ₹102.82 crore based on a share price of ₹2427.00.
A global information technology solutions provider that specializes in cloud and cognitive services for enterprise transformation. Mphasis applies next-generation technology to help businesses modernize operations and drive digital change across multiple industries worldwide. The company delivers IT consulting and software solutions, focusing on emerging technologies, business process optimization, and infrastructure modernization to enable clients to compete effectively in digital markets.
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.
