HeidelbergCement India Limited
ICICI Prudential Mutual Fund decreased its stake in HeidelbergCement India Limited from 3.45% to 3.16%, selling 6,53,858 shares.
A major cement manufacturer operating across India through three strategically located production facilities in Central and Southern regions. The company produces cement and cement products for construction and infrastructure applications serving diverse customer segments. As the Indian subsidiary of HeidelbergCement Group, a Germany-based multinational, it brings global expertise and operational standards to India's cement sector while maintaining strong local presence.
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.