ICICI Prudential Mutual Fund decreased its stake in Samvardhana Motherson International Limited from 2.40% to 2.04%, selling 37,007,921 shares. The value of shares sold is ₹625.03 Cr, at a price of ₹169.00 per share.
A manufacturer of automotive components and systems serving original equipment manufacturers across India. Motherson Sumi Systems specializes in producing precision-engineered parts including electrical systems, fuel systems, and interior components for the automotive industry. The company operates as a vertically integrated enterprise, combining advanced manufacturing capabilities with robust supply chain infrastructure to deliver components to major domestic and international vehicle manufacturers consistently.
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.
