Sagar Cements Limited
ICICI Prudential Mutual Fund reduced its stake in Sagar Cements from 3.58% to 3.26%, selling 4,23,441 shares.
A cement manufacturer engaged in the production and distribution of cement across India, Sagar Cements operates modern manufacturing facilities equipped with advanced technology to deliver quality cement products for construction and infrastructure projects. The company serves diverse customer segments including residential builders, commercial developers, and industrial users through its established distribution network and supply chain operations.
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.