Oil India Limited
ICICI Prudential Mutual Fund reduced its stake in Oil India Limited from 1.79% to 1.48%. The fund sold 49,85,530 shares, bringing its total holding down to 2,40,77,476 shares.
A vertically integrated energy company engaged in exploration, development, and production of crude oil and natural gas across multiple oil blocks in India. The company operates transportation infrastructure for crude oil and produces liquefied petroleum gas for domestic markets. Oil India also provides specialized exploration and production-related services to support its core operations and industry partnerships. The company maintains operations across onshore and offshore fields.
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.