Motilal Oswal Mutual Fund decreased its stake in Thirumalai Chemicals Limited from 7.05% to 6.79% by selling 314,618 shares. The value of the shares sold is ₹5.20 Cr at a share price of ₹165.21 apiece.
A commodity chemicals manufacturer, the company specializes in producing industrial chemicals including PAN and DEP for use across multiple sectors. Part of the Thirumalai Group, it operates in chemicals, surfactants, and pigments with a focus on chemical manufacturing and distribution. The company serves diverse customer segments across India with a range of specialty and commodity chemical products.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.