ICICI Group’s investment arm has made a fresh move in the June quarter of 2025, picking up a fresh stake of up to 1.5 percent in a company. This signals growing interest and confidence from the fund in the company’s future potential. Such investments from well-known financial institutions often catch the eye of investors, as they can be seen as a positive sign for the company’s growth and stability.
Here are the stocks in which the ICICI Group fund has made a fresh stake in Q1 FY26:
Automotive Axles Limited
With a market capitalization of Rs. 2,703.18 crore, the shares of Automotive Axles Limited were currently trading at Rs. 1789.00 per equity share, down nearly 1.39 percent from its previous day’s close price of Rs. 1814.15.
In the June quarter of 2025, ICICI Prudential Small Cap Fund made a fresh stake of 1 percent in the company, which had a holding value of Rs. 28.4 crore with ownership of 1.57 lakh shares.
Automotive Axles Limited was established in 1981 as a joint venture between Bharat Forge and Meritor Heavy Vehicle Systems. The company is India’s largest independent manufacturer of rear drive axle assemblies. It produces axles and brakes for commercial, defense, and off-highway vehicles from facilities in Mysore, Pantnagar, and Jamshedpur.
PG Electroplast Limited
With a market capitalization of Rs. 22,825.51 crore, the shares of PG Electroplast Limited were currently trading at Rs. 805.50 per equity share, down nearly 2.58 percent from its previous day’s close price of Rs. 826.80.
In the June quarter of 2025, ICICI Prudential Small Cap Index Fund made a fresh stake of 1.5 percent in the company, which had a holding value of Rs. 336.5 crore with ownership of 43.43 lakh shares.
PG Electroplast Limited was incorporated in 2003 and is a leading Indian Electronic Manufacturing Services provider specializing in plastic injection molding, PCB assembly, and consumer electronics components. It serves diverse industries, including home appliances, automotive, and sanitaryware, with advanced manufacturing facilities and innovative design capabilities.
Varun Beverages Limited
With a market capitalization of Rs. 163,972.24 crore, the shares of Varun Beverages Limited were currently trading at Rs. 484.85 per equity share, down nearly 1.06 percent from its previous day’s close price of Rs. 490.05.
In the June quarter of 2025, ICICI Prudential Pension Fund Scheme made a fresh stake of 1 percent in the company, which had a holding value of Rs. 1,565.6 crore with ownership of 3.43 crore shares.
Varun Beverages Limited was established in 1995 and is a leading Indian multinational company that manufactures, bottles, and distributes PepsiCo beverages. It operates in India and several countries across Africa and Asia, offering carbonated and non-carbonated drinks.
Techno Electric & Engineering Company Limited
With a market capitalization of Rs. 17,771.74 crore, the shares of Techno Electric & Engineering Company Limited were currently trading at Rs. 1,528.10 per equity share, down nearly 0.56 percent from its previous day’s close price of Rs. 1,536.75.
In the June quarter of 2025, ICICI Prudential ELSS Tax Saver Fund made a fresh stake of 1.2 percent in the company, which had a holding value of Rs. 216.9 crore with ownership of 14.05 lakh shares.
Techno Electric & Engineering Company Limited was established in 1963 and is a leading Indian power infrastructure company engaged in engineering, procurement, and construction (EPC), renewable energy, and data center projects across India.
Belrise Industries Limited
With a market capitalization of Rs. 11,065.65 crore, the shares of Belrise Industries Limited were currently trading at Rs. 124.35 per equity share, up nearly 2.30 percent from its previous day’s close price of Rs. 121.55.
In the June quarter of 2025, ICICI Prudential Multicap Fund made a fresh stake of 1 percent in the company, which had a holding value of Rs. 109.4 crore with ownership of 92.53 lakh shares.
Belrise Industries Limited was founded in 1988 and manufactures automotive components, including sheet metal parts, polymer components, suspension, and exhaust systems for two-wheelers, four-wheelers, and commercial and agricultural vehicles across various segments in India.
Written By – Nikhil Naik
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