GHCL Limited
Franklin Templeton Mutual Fund increased its stake in GHCL Limited from 1.26% to 1.73%, raising its shareholding from 1,159,493 to 1,597,501 shares.
A leading producer of soda ash in India, GHCL operates primarily in the commodity chemicals sector. The company manufactures soda ash, a key industrial chemical serving diverse end-use applications including glass manufacturing, detergent production, and chemical processing. Soda ash production forms the cornerstone of its business operations, establishing the company as a significant player in India's chemical manufacturing landscape.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.