ICICI Prudential Mutual Fund increased its stake in Infosys Limited from 4.74% to 4.92%, buying 6,404,115 shares as part of a rights issue. The value of the shares purchased is ₹723.66 Cr at a share price of ₹1130.00.
A leading IT services and consulting company that provides digital transformation, technology outsourcing, and next-generation digital solutions to global enterprises. Infosys helps clients across various industries execute their strategic business transformation initiatives through innovative technology platforms and specialized consulting services. The company operates internationally, delivering end-to-end solutions designed to modernize operations and drive competitive advantage in the digital economy.
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.
