ICICI Prudential Mutual Fund decreased its stake in Coforge Limited from 3.36% to 2.48%, reducing its shareholding by 323,317 shares from 11,288,404 to 10,965,087. The transaction value is approximately ₹60.59 crore based on the share price of ₹1873.00.
An IT services company providing end-to-end software solutions and consulting services to global clients across multiple sectors. Coforge operates subsidiaries in the US, Singapore, Australia, UK, Germany, and Thailand to deliver projects and support its international expansion. The company serves prominent customers in aviation, financial services, and travel industries, maintaining strategic partnerships with leading IT firms worldwide and ranking among India's top software exporters.
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.
