ICICI Prudential Mutual Fund decreased its stake in JSW Dulux from 3.90% to 3.60%, selling 137,724 shares. The value of the sold shares is approximately ₹42.59 Cr, based on the share price of ₹3094.20.
A manufacturer and trader of paints and coatings serving the Indian market since 1954. The company produces decorative and industrial paints for residential, commercial, and industrial applications across multiple segments. Beyond manufacturing, it provides research and development services to its holding company and other group entities, supporting product innovation and technical advancement within the broader corporate structure.
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.
