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The firm is entering the 20th year of operations
On June 22, ICICI Bank divested 21.5 million equity shares, representing 1.50 per cent stake of ICICI Pru, for Rs 840 crore for strengthening its balance sheet.
The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules
It is difficult to make a call on the near-term market outlook as quality names continue to be costly and value names languish
'On a valuation basis, large-caps continue to remain attractive over mid/small-caps'