ICICI Prudential Mutual Fund now holds a 1.06% stake in ABB India, with its holding of 22,53,434 shares newly disclosed during the period. The fund previously held under 1%.
An integrated power equipment manufacturer, ABB India supplies engineering solutions, products, and services across automation and power technology sectors. The company serves industrial customers with a comprehensive range of offerings spanning electrical equipment, industrial automation systems, power distribution solutions, and related services. Operating as a subsidiary of global technology leader ABB, it delivers integrated solutions designed to support India's infrastructure development and industrial modernization across multiple sectors.
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.
