Archean Chemical Industries Limited
ICICI Prudential Mutual Fund entered Archean Chemical Industries with 12,52,596 shares, a 1.01% stake. The position is worth ₹68.95 Cr at a price of ₹550.40 per share.
India's largest exporter of bromine and industrial salt, Archean Chemical manufactures specialty marine chemicals for customers worldwide. The company produces bromine, industrial salt, and sulphate of potash, serving diverse industries across multiple geographies. Its integrated operations in specialty chemical production, combined with established export capabilities and global distribution networks, distinguish it as a leading player in India's marine chemical sector.
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.