UTI Mutual Fund increased its stake in G R Infraprojects by acquiring 371,838 additional shares, raising its holding from 1.66% to 2.05% of the company. The shares are valued at ₹879.10 apiece.
An integrated road engineering, procurement, and construction company that designs and builds highway projects across India. G R Infraprojects undertakes civil construction infrastructure primarily on EPC and BOT models in the road sector. The company brings extensive experience from delivering projects spanning fifteen states since its establishment in 1995, positioning itself as a specialist in road and highway development.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
