Cyient DLM Limited
ICICI Prudential Mutual Fund increased its stake in Cyient DLM Limited from 1.30% to 2.04%, acquiring 590,280 shares. The value of this transaction was approximately ₹43.4 Cr at a share price of ₹735.85.
A leading electronics system design and manufacturing company, Cyient DLM provides comprehensive system design, integration, testing, and manufacturing of electronic components and subsystems for original equipment manufacturers in the aerospace, defense, and high-tech engineering sectors. The company serves a global customer base across India, Europe, North America, China, and Japan, delivering specialized solutions for complex industrial applications and mission-critical systems.
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.