NCC Limited
ICICI Prudential Mutual Fund reduced its stake in NCC Limited from 6.19% to 5.80%, selling 24,36,453 shares.
A civil construction company incorporated in 1978, NCC undertakes turnkey engineering, procurement, and construction contracts along with build-operate-transfer projects on a public-private partnership basis. The company delivers integrated infrastructure solutions across multiple sectors, managing complex projects from conceptualization through design, execution, and long-term operation. NCC operates as a comprehensive EPC contractor with demonstrated expertise in handling large-scale infrastructure development initiatives across India.
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.