PNC Infratech Limited
HSBC Mutual Fund decreased its stake in PNC Infratech from 3.00% to 2.65%, selling 884,243 shares. The transaction is valued at ₹19.84 Cr, with shares priced at ₹224.38 apiece. Mutual Funds collectively decreased their holdings in PNC Infratech from 24.00% to 23.07% in the June 2026 quarter.
A leading infrastructure development and construction company in India, PNC Infratech undertakes major projects spanning highways, bridges, flyovers, power transmission lines and towers, airport runways, and industrial area development. The company delivers comprehensive end-to-end infrastructure solutions across diverse sectors, establishing itself as a front-runner in the country's infrastructure development and construction landscape with a focus on quality execution and timely project delivery.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.