United Spirits Limited
ICICI Prudential Mutual Fund reduced its stake in United Spirits Limited from 1.30% to 1.04%, selling 19,39,798 shares.
India's leading beverage alcohol company, United Spirits manufactures, sells, and distributes a diverse portfolio of premium spirits brands including Johnnie Walker, McDowell's No.1, Smirnoff, Black Dog, and Captain Morgan. A subsidiary of global leader Diageo PLC, the company holds a commanding position in the domestic spirits market through its extensive distribution network, established brand recognition, and vertically integrated operations across production and retail channels.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.