Galaxy Surfactants Limited
ICICI Prudential Mutual Fund reduced its stake in Galaxy Surfactants from 3.34% to 3.19%, selling 56,065 shares.
A leading manufacturer of performance surfactants and specialty care products for the home and personal care industries. Galaxy Surfactants produces over 205 product grades used in hair care, oral care, skin care, cosmetics, soaps, shampoos, lotions, detergents, and cleaning products. The company serves as a preferred supplier to major multinational consumer brands, regional players, and local FMCG manufacturers across India and operates as the country's largest manufacturer of oleochemical-based surfactants.
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.