ICICI Prudential Mutual Fund decreased its stake in Mastek Limited from 3.61% to 3.57%, selling 9,687 shares.
A vertically-focused enterprise technology solutions provider, Mastek delivers digital transformation services to clients across banking, insurance, healthcare, and other industries. Established in 1982, the company has evolved from a traditional IT solutions provider into a comprehensive digital transformation partner over nearly four decades of operations. Its core offerings include software development, application modernization, cloud migration, and sector-specific consulting services designed to address complex business challenges.
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.
