Studds Accessories Limited
ICICI Prudential Mutual Fund decreased its stake in Studds Accessories Limited from 4.26% to 4.12%, selling 55,729 shares. The value of the reduced stake was approximately ₹2.51 crore at a share price of ₹451.25.
A manufacturer of two-wheeler helmets and motorcycle accessories, Studds Accessories has been operating since 1975. The company specializes in designing and producing protective headgear and riding accessories for the two-wheeler market across India. Its core strength lies in helmet safety compliance, product innovation, and a well-established distribution network serving motorcycle and scooter riders nationwide.
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.