Bajaj Auto Limited
ICICI Prudential Mutual Fund has disappeared from the latest Bajaj Auto Limited shareholder list, meaning the fund either exited completely or trimmed its previous 1.41 percent stake below the 1 percent reporting threshold.
A leading two and three-wheeler manufacturer headquartered in Pune, Bajaj Auto designs and produces motorcycles, scooters, and auto-rickshaws for domestic and international markets. The company exports to multiple countries across Latin America, Southeast Asia, Africa, and the Middle East. Through its significant ownership stake in KTM, Bajaj also manufactures premium sports and super sports motorcycles, strengthening its position in the global two-wheeler industry.
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.