HDFC Mutual Fund increased its stake in Sharda Cropchem from 7.01% to 7.10% by buying 80,000 shares.
An agrochemical manufacturer and exporter, Sharda Cropchem produces technical-grade pesticides and formulations for agricultural markets across the globe. Beyond agrochemicals, the company manufactures non-agricultural products including conveyor belts, rubber sheets and compounds, dyes, and dye intermediates for industrial customers. This diversified product portfolio spanning chemicals and industrial goods distinguishes the company within India's agrochemical sector.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
