Hindustan Unilever Limited (HUL) and four other stocks saw fresh investments from the ICICI Group totaling up to ₹6,500 crore in the third quarter
Hindustan Unilever Limited: The recent investment by the ICICI Group reflects their confidence in the promising growth prospects of the company. This new stake aligns with their strategy to diversify across key sectors, following similar investments in companies such as ACC by ICICI Prudential Large and Mid Cap Fund, Pricol by ICICI Prudential Transportation and Logistics Fund, Sona BLW Precision Forgings by ICICI Prudential Flexicap Fund, C.E. Info Systems by ICICI Prudential Technology Fund, and HUL by ICICI Prudential Sensex ETF.
In the third quarter of FY25, ICICI Group fund made fresh stakes in the following stocks:
1. ACC Limited
ACC Limited is an Indian company involved in the manufacturing of cement and ready-mix concrete. It is a subsidiary of the Adani Group and operates across India with a vast network of factories and marketing offices.
With a market capitalization of Rs. 38,532.07 crore, the shares of ACC Limited closed at Rs. 2051.90 per equity share, up nearly 2.11 percent from the previous day’s close price of Rs. 2009.45. As of December 2024, ICICI Prudential Large and Mid Cap Fund acquired a fresh stake of 2.8 percent in the company, with a holding value of Rs. 1,058.9 crore and ownership of 52,79,357 shares.
2. Pricol Limited
Pricol Limited is an automotive components manufacturer based in Coimbatore, India, specializing in driver information systems, sensors, and powertrain products for various vehicles. The company serves both OEMs and the replacement market, operating globally with multiple manufacturing plants.
With a market capitalization of Rs. 6,722.37 crore, the shares of Pricol Limited closed at Rs. 551.55 per equity share, up nearly 3.01 percent from the previous day’s close price
3. Sona BLW Precision Forgings Limited is a leading Indian manufacturer specializing in automotive systems and components, such as differential assemblies and electric vehicle traction motors.
The market capitalization of Sona BLW Precision Forgings Limited is Rs. 35,518.41 crores. The company’s shares closed at Rs. 571.55 per equity share, showing an increase of approximately 0.88 percent from the previous day’s closing price of Rs. 566.55.
In December 2024, ICICI Prudential Flexicap Fund acquired a fresh stake of 2.2 percent in the company, with a holding value of Rs. 777.1 crore and ownership of 1,37,22,975 shares.
4. C.E. Info Systems Limited, operating as MapmyIndia, offers digital mapping solutions, geospatial software, and location-based IoT technologies to various industries, providing advanced navigation and analytics services.
The market capitalization of C.E. Info Systems Limited is Rs. 8,987.45 crores. The company’s shares closed at Rs. 1652 per equity share, up by approximately 0.10 percent from the previous day’s closing price of Rs. 1650.30.
In December 2024, ICICI Prudential Technology Fund acquired a fresh stake of 2.2 percent in the company, with a holding value of Rs. 141.7 crore and ownership of 858,536 shares.
5. Hindustan Unilever Limited (HUL) is India’s largest fast-moving consumer goods company, offering a wide range of products, including personal care, home care, and food items. As a subsidiary of Unilever, HUL serves millions of households across the country.
The market capitalization of Hindustan Unilever Limited is Rs. 5,51,554.80 crores. The company’s shares closed at Rs. 2347.45
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