Medplus Health Services Limited

ICICI Prudential Mutual Fund raised its stake in Medplus Health Services from 4.93% to 5.07%, buying 1,75,537 shares on July 22, 2026, and crossing the 5% disclosure threshold.

India's second largest pharmacy retailer, Medplus Health operates an extensive network of stores across multiple states and union territories, serving customers in metro, tier-one, and tier-two cities nationwide. The company's core business centers on retail pharmacy operations, providing medicines, healthcare products, and related services through its strategically distributed store network. Medplus distinguishes itself through its wide geographic reach and commitment to accessible healthcare retail.

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.