Hyundai Motor India Limited
ICICI Prudential Mutual Fund, which previously held a 1.34 percent stake in Hyundai Motor India Limited, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction of its holding to below the 1 percent reporting threshold.
A leading passenger car and utility vehicle manufacturer in India, Hyundai Motor India Limited operates as part of the global Hyundai Motor Group, one of the world's largest automotive producers by passenger vehicle sales. The company designs, manufactures, and distributes vehicles across multiple segments, serving the domestic market with sedans, SUVs, and hatchbacks. Established in 1996, it combines international automotive expertise with deep local market knowledge and customer insights.
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.