ICICI Prudential Mutual Fund decreased its stake in Pearl Global Industries from 2.04% to 2.03% by selling 2,441 shares. The value of the shares sold is approximately ₹59 lakh at a share price of ₹2413.70.
A garment exporter manufacturing knits, woven fabrics, and bottoms across men's, women's, and children's wear segments. Pearl Global sources production from multiple regions across India and South Asia, serving international markets with diverse apparel offerings. Established in 1987, the company has built significant expertise in large-scale garment manufacturing, quality control, and managing complex export supply chains across different sourcing locations.
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.
