Bandhan Mutual Fund increased its stake in PCBL Chemical Limited from 1.61% to 1.66%, acquiring 216,873 shares. This increased its total holding to 6,537,416 shares, worth ₹209.73 Cr at a share price of ₹320.80.
A carbon black manufacturer incorporated in 1960 and part of the RP-Sanjiv Goenka Group, the company produces carbon black and specialty chemicals for diverse industrial applications across sectors. It operates captive power generation facilities that serve internal operational needs while supplying surplus electricity to external customers, maintaining a vertically integrated business model in the chemical sector.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.