ICICI Prudential Mutual Fund bought 4,72,000 shares of Pondy Oxides & Chemicals Limited, acquiring a 1.55% stake in the company. The shares were valued at ₹64.56 crore at a price of ₹1368.00 apiece.
A manufacturer of lead metal, alloys, and non-ferrous metals serving diverse industrial applications across India. Incorporated in 1995, the company specializes in producing high-quality lead-based products and related chemical compounds for multiple sectors. Pondy Oxides operates as a key supplier in the diversified metals industry, catering to battery manufacturers, construction companies, and various industrial users requiring specialized metal products and solutions.
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.
