ICICI Prudential MF cuts CONCOR stake by 2.08% via open market sale
CONCOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 0.3 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ICICI Prudential Mutual Fund sold 1,58,33,412 shares (net) of Container Corporation of India (CONCOR) via open market between July 1 and August 5, 2026, including 9,01,863 shares on August 5 alone. Its stake fell from 5.24% to 3.17%, a decline of 2.08% of paid-up capital. The fund is not a promoter and holds shares purely from an investment perspective.
A major FII cutting stake by over 2% in a PSU may signal weakening institutional confidence and could pressure the stock in the near term.