JSW Cement Limited

ICICI Prudential Mutual Fund acquired 1,95,69,670 shares of JSW Cement Limited, representing a 1.44% stake in the company. The total value of this new position is ₹273.83 Cr at a share price of ₹139.93. Several institutional investors including ICICI Prudential Mutual Fund purchased stakes in JSW Cement Ltd. through block deals on May 22, 2026, at an average price of ₹124 per share, with ICICI Prudential Mutual Fund being the biggest buyer in that transaction, acquiring 1.19 crore shares for ₹148.5 crore.

A leading Indian manufacturer of green cement, JSW Cement specializes in sustainable cement production with a focus on environmental responsibility and innovation. The company supplies high-quality cement for major infrastructure projects across India, leveraging advanced manufacturing processes and eco-friendly practices. Its distinctive approach combines industrial scale with commitment to reducing carbon footprint in the construction sector while meeting diverse customer requirements.

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.