ICICI Prudential Mutual Fund made a fresh entry into Hexaware Technologies, acquiring 77,93,424 shares, representing a 1.28% stake worth ₹44.44 Cr.
A technology services company providing artificial intelligence-based digital and technology solutions to enterprises across the globe. Incorporated in 1992, Hexaware Technologies specializes in digital transformation, cloud services, IT infrastructure management, and software development across various industries and sectors. The company distinguishes itself through its focus on AI-driven solutions, automation capabilities, and comprehensive end-to-end service delivery to multinational clients and organizations worldwide.
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.
