Aarti Industries Limited
Nippon India Mutual Fund increased its stake in Aarti Industries Limited from 1.57% to 1.66%, buying 318,026 shares. This increased Nippon India Mutual Fund's total holdings in the company to 6,003,561 shares. The market value of the additional shares is ₹17.27 Cr, based on Aarti Industries' share price of ₹543.15.
A specialty chemicals manufacturer producing organic and inorganic chemicals for industrial applications across multiple sectors. Aarti Industries operates vertically integrated manufacturing facilities in Vapi, Jhagadia, Dahej, and Kutch in Gujarat, and Tarapur in Maharashtra. The company holds a strong market position in the specialty chemicals segment through its diversified product portfolio, integrated operations, and established customer relationships in both domestic and international markets.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.