ICICI Prudential Life Insurance decreased its stake in Larsen & Toubro Limited from 1.07% to 1.02% by selling 682,580 shares.
A multinational conglomerate providing engineering, procurement, and construction solutions across infrastructure, hydrocarbon, power, process industries, and defence sectors in domestic and international markets. The company delivers integrated project execution capabilities and maintains significant operations in information technology and financial services. Larsen & Toubro serves clients globally with comprehensive technical expertise and execution capabilities across multiple industrial verticals.
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.
