Nuvoco Vistas Corporation Limited
ICICI Prudential Mutual Fund increased its stake in Nuvoco Vistas Corporation Limited from 2.93% to 3.15%, adding 7,97,128 shares to its holding.
One of India's largest cement and concrete manufacturers, Nuvoco Vistas produces cement, ready-mix concrete, and modern building materials including adhesives, wall putty, dry plaster, and cover blocks. The company operates integrated production facilities across multiple regions in India and serves infrastructure, construction, and residential sectors. Its diversified product portfolio and vertically integrated operations across the value chain distinguish it in the building materials industry.
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.