UltraTech Cement Limited
ICICI Prudential Mutual Fund bought 345,274 shares of UltraTech Cement Limited for ₹400.00 Cr at ₹11,585.00 apiece in a block deal. Shares of UltraTech Cement declined by over 2% on August 13, 2026, after 0.8% of its equity changed hands in a block deal. Pilani Investment and Industries Corporation Ltd, a promoter entity, was reportedly looking to sell 1.7 million shares, or 0.57% of total outstanding shares, at a floor price of ₹11,481.
A leading cement manufacturer engaged in the production and distribution of cement and cement-related products across India and international markets. The company operates integrated cement plants equipped with modern technology and infrastructure to serve the construction, infrastructure, and industrial sectors. UltraTech maintains significant manufacturing capacity and operates an extensive distribution network across multiple regions to meet 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.