Sharda Motor Industries Limited
ICICI Prudential Mutual Fund raised its stake in Sharda Motor Industries from 5.47% to 5.96%, purchasing 2,85,233 shares.
A manufacturer of automotive and white goods components, Sharda Motor Industries operates across India's supply chain sectors. The company specializes in producing precision parts for vehicles and household appliances through integrated assembly and manufacturing facilities. Sharda Motor serves original equipment manufacturers and suppliers in both automotive and consumer durable industries, maintaining operations across multiple production centers.
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.