Synopsis: ICICI Group has increased its holdings in a diverse range of sectors, ranging from Investment services, Manufacturing, Chemicals, Banking and Petroleum
The article highlights ICICI Group’s increased holdings as of September 2025, showing its growing confidence in the companies listed below. It outlines a strategic move by the AMC to strengthen its portfolio and reinforce its presence in key sectors of the market.
Here’s a list of companies ICICI Group has increased its holdings in Q2 FY26.
Computer Age Management Limited
Company Age Management Services Limited is engaged in a mutual fund transfer agency. It provides investor services, distributor services, and asset management company services.
With the market capitalization of Rs. 19,485.15 crores, the shares of Company Age Management Services Limited closed at Rs. 3,934, down by 0.25 percent from its previous day’s closing price of Rs. 3,944 per equity share.
ICICI Prudential Innovation Fund has increased its shareholding in the company from 1.1 percent to 1.7 percent, adding 0.6 percent. The fund now holds 8,32,222 shares, worth Rs.328 crore.
Grindwell Norton Limited
Grindwell Norton Limited was the first company to manufacture grinding wheels in India and has since expanded its offerings to a diverse range of solutions, including abrasives, life sciences products, performance plastics, and ceramics.
With the market capitalization of Rs. 17,697.48 crores, the shares of Grindwell Norton Limited closed at Rs. 1,598.40, down by 1.38 percent from its previous day’s closing price of Rs. 1,620.8 per equity share.
ICICI Prudential Smallcap Fund has increased its holdings in Grindwell Norton Limited from 1.3 percent to 1.8 percent, adding 0.5 percent. The fund now holds 20,21,733 shares, worth Rs.324.6 crore.
Gujarat Alkalies Limited
Gujarat Alkalies and Chemicals Limited is among India’s leading producers of Caustic Soda Lye. Its products cater to a wide range of industries, including textiles, pulp & paper, soaps & detergents, alumina, water treatment, petroleum, fertilizers, pharmaceuticals, agrochemicals, and dyes & dye intermediates.
With the market capitalization of Rs. 4,072.54 crores, the shares of Gujarat Alkalies Limited closed at Rs. 554.50, up by 1.03 percent from its previous day’s closing price of Rs. 548.85 per equity share.
ICICI Prudential small-cap fund has increased its holdings in Gujarat Alkalies and Chemicals Limited from 2.9 percent to 3.2 percent, adding 0.3 percent. The fund now holds 23,22,877 shares, worth Rs.129 crore.
Chennai Petroleum Limited
Chennai Petroleum Corporation Limited is engaged in refining crude oil to produce and supply a range of petroleum products, as well as in the manufacturing and sale of lubricating oil additives.
With the market capitalization of Rs. 15,382.55 crores, the shares of Chennai Petroleum Corporation Limited closed at Rs. 1,033, down by 0.19 percent from its previous day’s closing price of Rs. 1,035 per equity share.
ICICI Prudential Energy Opportunities Fund has increased its holdings in Chennai Petroleum Corporation Limited from 1.6 percent to 1.8 percent, adding 0.2. The fund now holds 26,43,634 shares, worth Rs.207.5 crore.
Gujarat State Fertilizer & Chemicals Limited
Gujarat State Fertilizer & Chemicals Limited produces a broad range of fertilizers and industrial chemicals catering to both agriculture and industry. With the Government of Gujarat as a major shareholder, it operates a diversified product portfolio that includes urea, DAP, ammonium sulphate, caprolactam, melamine, and nylon-6.
With the market capitalization of Rs. 7,690.62 crores, the shares of Gujarat State Fertilizer & Chemicals Limited closed at Rs. 193, down by 0.43 percent from its previous day’s closing price of Rs. 193.84 per equity share.
ICICI Prudential small-cap fund increased its holdings in Gujarat State Fertilizer & Chemicals Limited from 1.4 percent to 1.6 percent, adding 0.2 percent. The fund now holds 63,88,701shares, worth Rs.123.3 crore.
Axis Bank Limited
Axis Bank Limited ranks as India’s third-largest private sector bank, offering a comprehensive range of financial products and services. It caters to diverse customer segments, including large and mid-sized corporates, MSMEs, agricultural enterprises, and retail clients.The bank’s operations span across retail banking, wholesale banking, and treasury management, providing end-to-end financial solutions to meet varied customer needs.
With the market capitalization of Rs. 3,86,201.48 crores, the shares of Axis Bank Limited closed at Rs. 1,244.40, up by 1.57 percent from its previous day’s closing price of Rs. 1,225.20 per equity share.
ICICI Prudential (Through its multiple Schemes) increased its holdings in Axis Bank Limited from 6.1 percent to 7.0 percent, adding 1.0 percent. The fund now holds 2,11,302,373 shares, worth Rs.26,279.7 crore.
AIA Engineering Limited
AIA Engineering Limited specializes in producing high-chrome mill internals. The company designs, manufactures, and supplies a broad range of wear-resistant components used in crushing and grinding operations across industries such as cement, mining, thermal power, and aggregates.
With the market capitalization of Rs. 34,453.88 crores, the shares of AIA Engineering Limited closed at Rs. 3,692, down by 0.46 percent from its previous day’s closing price of Rs. 3,709 per equity share.
ICICI Prudential Large & Mid Cap Fund increased its holdings in AIA Engineering Limited from 4.5 percent to 5.0 percent, adding 0.5 percent. The fund now holds 46,21,553 shares, worth Rs.1,546.2 crore.
Written by: Jhanavi Sivakumar
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