DSP Mutual Fund reduced its stake in Sharda Cropchem Limited from 1.65% to 1.48%, selling 1,57,838 shares valued at approximately ₹14.38 crore.
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.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
