HDFC Mutual Fund increased its stake in Coromandel International Limited from 1.70% to 1.87%, acquiring 501,994 additional shares. This increased its total holding to 5,506,379 shares. The value of the additional shares is approximately ₹101.99 crore based on a share price of ₹2034.30.
A leading agri solutions provider in India, Coromandel International operates across the complete farming value chain, serving farmers with comprehensive agricultural products and services. The company specializes in fertilizers, crop protection products, bio pesticides, specialty nutrients, and organic fertilizers. Its diversified portfolio addresses multiple farming needs through an extensive distribution network across the country.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
