Coromandel International Limited
Axis Mutual Fund reduced its stake in Coromandel International Limited from 1.60% to 1.12%. The fund house sold 14,18,649 shares, decreasing its holding to 33,16,122 shares.
A leading agri solutions provider in India, Coromandel International operates across the complete farming value chain, serving farmers with comprehensive agricultural products and services. The company specializes in fertilizers, crop protection products, bio pesticides, specialty nutrients, and organic fertilizers. Its diversified portfolio addresses multiple farming needs through an extensive distribution network across the country.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.