Indian Railway Catering And Tourism Corporation Limited
ICICI Prudential Mutual Fund reduced its stake in Indian Railway Catering And Tourism Corporation Limited from 2.78% to 2.69%, selling 7,33,171 shares.
The sole government-authorized provider of online railway ticketing, catering, and packaged drinking water services across Indian Railways, IRCTC operates as a Navratna Category 1 central public sector enterprise. Established in 1999, the company serves millions of passengers annually through its integrated digital platforms and extensive on-ground operations at railway stations and trains throughout the country. Its exclusive mandate makes it the primary intermediary between Indian Railways and the traveling public for these essential services.
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.