Tata Chemicals Limited
ICICI Prudential Mutual Fund reduced its stake in Tata Chemicals Limited from 4.03% to 3.37%, selling 16,63,375 shares.
A manufacturer of basic chemistry and specialty chemical products, Tata Chemicals operates across industrial chemicals, fertilizers, and consumer products segments. Incorporated in 1939, the company produces soda ash, salt derivatives, and crop nutrients for domestic and international markets. Its vertically integrated operations, established distribution network, and diverse product portfolio distinguish it within India's commodity chemicals sector.
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.