KEI Industries Limited
ICICI Prudential Mutual Fund reduced its stake in KEI Industries from 1.37% to 1.25%, selling 1,18,443 shares.
A leading manufacturer of wires and cables, KEI Industries produces a comprehensive range of electrical products including extra high voltage cables, high tension cables, and low tension cables for diverse applications. The company serves both domestic and international markets, supplying essential electrical infrastructure components to utilities, industrial sectors, and construction projects across multiple geographies and customer segments.
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.