Axis Mutual Fund decreased its stake in PI Industries from 2.02% to 1.90%, selling 181,288 shares. The value of the sold shares was ₹47.59 crore at ₹2623.80 apiece.
A leading agrochemical manufacturer producing pesticides and crop protection solutions for domestic and international markets. The company operates state-of-the-art manufacturing facilities in Gujarat, equipped with integrated process development teams and in-house engineering capabilities that enable efficient product development and innovation. This vertical integration distinguishes it in the agro-chemicals sector, allowing the company to maintain quality standards and respond effectively to evolving market demands across its diversified portfolio of crop protection products and solutions.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
