ICICI Prudential Mutual Fund decreased its stake in Suprajit Engineering from 1.59% to 1.34%, selling 339,280 shares. The value of the sold shares was approximately ₹16.89 crore, based on a share price of ₹497.75.
A manufacturer of automotive cables, components, and lighting solutions serving vehicle manufacturers and industrial sectors. Suprajit Engineering produces halogen lamps, LED drop-in lighting solutions, and mechanical components including seat latches, steering locks, and headrest mechanisms for automobiles. The company also manufactures specialized non-automotive cables and components for diverse industrial applications, serving both domestic and international markets across multiple regions.
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.
