ICICI Prudential Mutual Fund raised its stake in EIH Limited from 1.34% to 1.38%, buying 2,69,825 shares.
A vertically integrated hospitality company, EIH owns and operates premium luxury hotels and cruise vessels under the Oberoi, Trident, and Maidens brands across India and internationally. Beyond core lodging operations, the company provides flight catering services, manages airport restaurants, undertakes project management assignments, and offers corporate air charter solutions, creating a comprehensive hospitality and leisure ecosystem serving diverse customer segments.
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.
