Synopsis: ICICI Group made fresh investments in Q1 FY27 across Bharat Electronics, Havells India, Hindalco Industries, KNR Constructions, Pricol, Vedanta Iron & Steel and others, reflecting institutional interest in these companies’ business prospects and long-term growth potential.
ICICI Group has made a fresh investment by acquiring an additional stake in the company during the June quarter of FY27. This strategic move highlights the group’s continued confidence in the company’s long-term growth potential, strong business fundamentals, and future expansion opportunities. Investments from a reputable financial institution such as ICICI Group often indicate a positive outlook on the company’s management strategy, operational performance, and value-creation prospects. Here is the list of stocks to look out for:
Bharat Electronics Limited (BEL)
Bharat Electronics Limited is an Indian state-owned aerospace and defence electronics company. Established in 1954, it manufactures radar systems, communication equipment, electronic warfare systems, and defence technologies. BEL serves the Indian Armed Forces and government agencies, playing a key role in India’s defence modernization and self-reliance initiatives.
In the June quarter of 2026, ICICI Group Fund made a fresh investment in the company by picking up a 1.0 percent stake or 75,916,177 shares with a holding value of Rs. 3,120.2 Crores.
Havells India Limited
Havells India is a leading electrical equipment company founded in 1958. It manufactures and sells products such as cables, switches, lighting solutions, fans, home appliances, and industrial equipment. The company has a strong presence in India and international markets, known for innovation, quality products, and a wide distribution network.
In the June 2026 quarter, ICICI Group Fund made a fresh investment in the company by acquiring a 1.2% stake, equivalent to 7,203,624 shares, with a holding value of Rs. 857.6 crore.
Hindalco Industries Limited
Hindalco Industries is one of India’s largest aluminium and copper producers and a part of the Aditya Birla Group. Founded in 1958, it operates globally in mining, refining, and metal production. The company supplies aluminium products for industries including transportation, construction, packaging, and renewable energy.
In the June 2026 quarter, ICICI Group Fund made a fresh investment in the company by acquiring a 1.4% stake, equivalent to 30,353,511 shares, with a holding value of Rs. 2,924.0 crore.
KNR Constructions Limited
KNR Constructions is an Indian infrastructure development company established in 1995. It specializes in building highways, roads, bridges, irrigation projects, and urban infrastructure. The company has completed projects across India and is recognized for its expertise in engineering, project management, and quality construction services.
In the June 2026 quarter, ICICI Group Fund made a fresh investment in the company by acquiring a 4.7% stake, equivalent to 13,310,739 shares, with a holding value of Rs. 169.0 crore.
Pricol Limited
Pricol Limited is an Indian automotive technology company founded in 1972. It manufactures vehicle components such as instrument clusters, sensors, switches, and electronic systems for two-wheelers, passenger vehicles, and commercial vehicles. Pricol supplies products to major automobile manufacturers and focuses on innovation and advanced mobility solutions.
In the June 2026 quarter, ICICI Group Fund made a fresh investment in the company by acquiring a 1.9% stake, equivalent to 2,330,561 shares, with a holding value of Rs. 145.1 crore.
Vedanta Iron and Steel Ltd
Vedanta Iron and Steel Limited (VISL) is a leading, fully integrated ferrous resources and steel enterprise that was officially listed as an independent company on the Indian stock exchanges (NSE and BSE) in June 2026. The company was spun off as part of a massive corporate demerger by its parent conglomerate, the Vedanta Group.
In the June 2026 quarter, ICICI Group Fund made a fresh investment in the company by acquiring a 1.3% stake, equivalent to 50,205,560 shares, with a holding value of Rs. 173.0 crore.
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