Tata Power Company Limited
ICICI Prudential Mutual Fund has dropped off the latest shareholder list for Tata Power Company Limited. This shift indicates that the fund, which previously held a 1.16 percent stake, has either fully exited or trimmed its holding below 1 percent.
India's largest vertically-integrated power company, Tata Power generates, transmits, and distributes electricity across the nation through thermal, hydro, and renewable energy assets. The company is transitioning toward complete renewable energy production to support India's sustainability goals. Beyond utility operations, it manufactures solar roofs and is expanding into electric vehicle charging infrastructure as part of its broader energy ecosystem strategy.
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.