Bharat Electronics Limited
ICICI Prudential Mutual Fund raised its stake in Bharat Electronics from 1.04% to 1.41%, purchasing 2,73,80,172 shares.
A defence electronics manufacturer incorporated in 1954, Bharat Electronics Limited designs, manufactures, and supplies advanced electronic equipment and systems for India's defence sector. The company operates multiple production facilities across different regions and maintains a selective presence in civilian markets. Its core expertise encompasses defence-grade electronics, radar systems, and integrated defence solutions for military applications.
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.