ICICI Prudential Mutual Fund decreased its stake in Tata Communications from 1.76% to 1.03% by selling 2,081,404 shares. This transaction reduced their holding to 2,931,117 shares. ICICI Prudential Mutual Fund completely exited Tata Communications in April.
A global digital ecosystem enabler providing managed communication, collaboration, cloud, and connectivity solutions to multinational enterprises and service providers worldwide. Tata Communications operates state-of-the-art infrastructure spanning emerging and developed markets, serving Fortune 500 companies with integrated network services, mobility solutions, and data center capabilities. The company delivers comprehensive technology solutions to drive digital transformation across industries globally.
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.