Bayer Cropscience Limited
Nippon India Mutual Fund decreased its stake in Bayer Cropscience from 1.97% to 1.31%, selling 297,864 shares. The value of the sold shares is ₹126.1 Cr, calculated at ₹4234.10 per share.
A leading agrochemical manufacturer in India, Bayer CropScience engages in the Agri Care business, producing and distributing insecticides, fungicides, herbicides, and other crop protection products alongside corn seeds for farmers. The company manufactures these agrochemical solutions through integrated operations and distributes them across the country. Its portfolio of science-based agricultural inputs supports crop health and pest management for farming communities nationwide.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.