Century Enka Limited
ICICI Prudential Mutual Fund decreased its stake in Century Enka Limited from 2.09% to 1.97%, selling 27,142 shares. The value of the shares sold is approximately ₹1.58 crore at ₹581.90 apiece.
A manufacturer of synthetic yarn and related textile products incorporated in 1965, Century Enka serves domestic and international markets with a diversified product portfolio. The company produces polyester yarn, nylon yarn, and specialty fibers for applications in apparel, home textiles, and industrial sectors. Operating integrated manufacturing facilities, it maintains presence across the value chain from raw materials to finished yarn products for various end-use industries.
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.