ICICI Prudential Mutual Fund reduced its stake in Container Corporation of India from 5.24% to 3.16%, selling 1,58,33,412 shares in an open market transaction.
India's premier container logistics operator engaged in inland rail-based transportation of containers across the country. The company manages ports, air cargo complexes, and cold chain infrastructure, providing integrated multimodal solutions for containerized freight and specialized cargo handling. Its vertically integrated approach covers key logistics nodes, making it a comprehensive transportation and supply chain service provider for domestic and international cargo movements.
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.