Bajaj Consumer Care Limited

Nippon India Mutual Fund decreased its stake in Bajaj Consumer Care from 5.89% to 5.58% by selling 4,01,625 shares. The value of the reduced stake is ₹24.73 crore, at an approximate price of ₹616.20 per share.

A leading manufacturer of cosmetics, toiletries, and personal care products, Bajaj Consumer Care operates across a diverse portfolio of brands serving consumers in both domestic and international markets. The company distinguishes itself through its multi-brand strategy, established distribution network, and deep penetration across various personal care segments including skincare, haircare, and hygiene products. Its strength lies in strong consumer recognition and presence across retail channels.

India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.