Shree Cement Limited
ICICI Prudential Mutual Fund raised its stake in Shree Cement from 3.43% to 3.77%, acquiring 1,23,413 shares to increase its total holding to 13,61,391 shares.
A major cement producer in India, this company manufactures and distributes cement and cement-related products to construction, infrastructure, and industrial sectors. Operating multiple manufacturing facilities across the country, it is recognized for efficient production processes and competitive cost structures. The company serves customers through an established distribution network and maintains a strong presence in the Indian cement market.
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.