BEML Limited
ICICI Prudential Mutual Fund is no longer listed among BEML Limited's major shareholders, meaning the previous 1.07 percent stake was either entirely sold or trimmed below the 1 percent public disclosure threshold.
A manufacturer of heavy earthmoving equipment, this company serves India's mining and construction industries with a comprehensive range of machinery and vehicles designed for demanding applications. Beyond commercial operations, it produces specialized vehicles for defense forces and manufactures coaches for metro rail systems and Indian Railways. The company operates as a vertically integrated enterprise with multiple manufacturing facilities located across India.
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.