UTI Mutual Fund decreased its stake in Procter & Gamble Health Limited by selling 15,000 shares, reducing its holding from 294,830 to 279,830 shares. This reduced their stake from 1.78% to 1.69%. The value of the sold shares was ₹8.81 Cr, calculated at a share price of ₹5873.50.
A pharmaceutical manufacturer and marketer, P&G Health Ltd produces medicines and chemical products for domestic and international markets. The company operates across multiple therapeutic areas, focusing on both prescription and over-the-counter medications. Its operations span manufacturing facilities, research capabilities, and an established distribution network across India. The company serves healthcare providers and consumers through a diverse product portfolio.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
