ICICI Prudential Mutual Fund increased its stake in Birlasoft from 2.31% to 2.42%, buying 308,026 shares. This increased its total holdings from 6,468,606 to 6,776,632 shares.
A software development and IT consulting company headquartered in Pune, Birlasoft provides computer programming, consultancy, and related technology services to clients across multiple sectors. The company specializes in serving Banking, Financial Services, Insurance, Life Sciences, Energy, Utilities, and Manufacturing industries with tailored solutions. Part of The CK Birla Group, Birlasoft operates with over 10,000 professionals delivering enterprise-grade consulting and software development capabilities to global customers.
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.