ICICI Prudential Mutual Fund increased its stake in Britannia Industries Limited from 2.82% to 4.21%, purchasing 33,47,367 shares.
One of India's leading food companies with a century-long heritage, Britannia manufactures trusted household brands across biscuits, bread, cakes, rusks, dairy products, and beverages. The company produces popular products including Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold that are recognized across Indian households. Its operations span manufacturing, distribution, and retail, establishing it as a significant player in the consumer food 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.
