KPIT Technologies Limited
ICICI Prudential Mutual Fund increased its stake in KPIT Technologies from 1.40% to 2.76%, buying 3,734,642 shares for ₹207.09 Cr at ₹554.05 apiece.
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.
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.