United Breweries Limited
ICICI Prudential Mutual Fund increased its stake in United Breweries Limited from 4.46% to 4.74%, acquiring 745,313 shares. The total value of the holding is now ₹167.89 Cr at a share price of ₹1339.70.
A leading brewer in India, United Breweries manufactures and sells beer and non-alcoholic beverages through extensive distribution networks across the country. The company operates multiple breweries and maintains a diverse portfolio of recognized brands catering to different consumer segments and preferences. Its operations encompass production, marketing, and retail distribution of both alcoholic and non-alcoholic drink products to consumers nationwide.
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.