Gujarat State Fertilizers & Chemicals Limited
ICICI Prudential Mutual Fund reduced its stake in Gujarat State Fertilizers & Chemicals Limited from 1.67% to 1.36%, selling 12,00,406 shares.
A public sector manufacturer of fertilizers and industrial chemicals, Gujarat State Fertilizers & Chemicals Limited produces fertilizers, plastics, synthetic rubbers, and man-made fibres for agricultural and industrial applications. Promoted by the Government of Gujarat since its incorporation in 1962, the company operates integrated manufacturing facilities and serves customers across India with a diversified portfolio of chemical-based products and solutions.
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.