Indian Oil Corporation Limited
ICICI Prudential Mutual Fund now holds a 1.04% stake in Indian Oil Corporation Limited, up from under 1%. The mutual fund holds 14,62,11,357 shares of the company.
India's largest integrated energy company operates across the entire hydrocarbon value chain, including crude oil refining, pipeline transportation, petroleum product marketing, natural gas distribution, petrochemicals production, and exploration and production activities. The state-controlled enterprise maintains a dominant position in domestic oil refining and fuel retail sectors. Its integrated business model spans upstream, midstream, and downstream energy solutions across the country.
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.