Bharti Hexacom Limited
ICICI Prudential Mutual Fund acquired 51,53,974 shares, representing a 1.03% stake in Bharti Hexacom Limited. The total value of this new position is approximately ₹82.76 Cr, calculated at a share price of ₹1605.50.
A telecommunications service provider operating in Rajasthan and Northeast India, Bharti Hexacom delivers mobile services, fixed-line telephone, and broadband connectivity to consumers across its service regions. Incorporated in 1995, the company maintains a presence in two major telecom circles, offering integrated voice and data solutions to residential and business customers. Its operations span both wireless and wireline services, serving diverse customer segments.
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.