Sandhar Technologies Limited
ICICI Prudential Mutual Fund decreased its stake in Sandhar Technologies from 3.50% to 1.84%, selling 1,003,270 shares worth ₹60.15 Cr at ₹599.55 apiece. This constitutes a significant stake reduction.
A manufacturer of automotive components and assemblies serving India's automotive industry, Sandhar Technologies operates through a network of joint ventures and subsidiaries. The company specializes in producing critical components for passenger vehicles and commercial vehicles, leveraging established relationships with major Original Equipment Manufacturers. Its vertically integrated operations, diverse product portfolio across multiple vehicle segments, and manufacturing expertise position it as a key supplier within the domestic automotive ecosystem.
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.