HDB Financial Services Limited
ICICI Prudential Mutual Fund decreased its stake in HDB Financial Services from 2.81% to 2.42% by selling 32.46 lakh shares. The transaction was worth ₹237.76 crore at a share price of ₹732.50.
A retail-focused non-banking financial company that provides lending products and business process outsourcing services across India. Operating through three business verticals, Enterprise Lending, Asset Finance, and Consumer Finance, it serves diverse customer segments with tailored credit solutions. Incorporated in 2007, the company has established itself as one of India's largest NBFCs, specializing in accessible financial services for retail and corporate clients.
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.