ICICI Prudential Mutual Fund added over 0.51% of Standard Engineering Technology Limited in the quarter and now holds 1.51%, or 30,06,936 shares.
A manufacturer of specialized engineering equipment serving India's pharmaceutical and chemical industries, Standard Engineering Technology designs and produces machinery tailored for these sectors' unique production needs. Incorporated in 2012, the company focuses on delivering customized solutions that address specific processing and production requirements of its diverse client base. Its operations center on developing high-performance equipment that supports manufacturing efficiency, operational reliability, and strict compliance standards within these highly regulated industrial sectors.
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.
