ICICI Prudential Mutual Fund increased its stake in Sanofi Consumer Healthcare India from 1.56% to 1.57%, acquiring 1,284 additional shares. The value of the additional shares is approximately ₹58.7 lakh at a share price of ₹4567.20.
A manufacturer and distributor of over-the-counter and consumer healthcare products in India, Sanofi Consumer Healthcare operates as a division of Sanofi, a global pharmaceutical company with decades of international experience. The company produces a diverse range of accessible health and wellness products designed for everyday consumer use across various therapeutic categories. Incorporated in 2023, it delivers trusted healthcare solutions to the Indian market by leveraging its parent company's established expertise and research capabilities.
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.