ICICI Prudential Mutual Fund raised its stake in Deepak Fertilizers and Petrochemicals Corporation Limited from 1.08% to 1.09%, purchasing 14,394 shares.
A vertically integrated manufacturer of fertilisers, bulk chemicals, and mining chemicals serving India's agricultural and industrial sectors. Incorporated in 1979, the company produces diammonium phosphate, urea, and specialty chemicals while providing agronomic services to support farmers. The business also operates in real estate development, diversifying its revenue streams across multiple segments.
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.
