GMM Pfaudler Limited
ICICI Prudential Mutual Fund increased its stake in GMM Pfaudler Limited from 2.25% to 3.19%, adding 4,23,250 shares. This increased its total holding to 14,35,108 shares, valued at ₹114.4 Cr at ₹797.10 apiece.
A manufacturer of corrosion-resistant glass-lined equipment, this company serves the pharmaceutical and chemical industries with specialized process solutions. Its product portfolio includes mixing systems, filtration and drying equipment, engineered systems, and heavy engineering solutions. Over the years, the company has diversified to become a leading supplier of process equipment across multiple sectors requiring high-performance industrial solutions for complex manufacturing operations and chemical processing needs.
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.