ICICI Prudential Life Insurance trimmed its stake in Juniper Hotels by selling 68,935 shares, reducing its holding from 1.64% to 1.61%. The value of the shares sold is approximately ₹1.38 crore based on a share price of ₹199.95.
A luxury hotel development and ownership company, Juniper Hotels operates a diversified portfolio of upscale properties across strategic locations throughout India. The company develops, owns, and manages premium hotels and serviced apartments, catering to the high-end hospitality segment. With properties in key markets, Juniper Hotels focuses on delivering distinctive luxury experiences and establishing a strong presence in India's premium hotel industry.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.
