Morgan Stanley initiated a new position in GMM Pfaudler Limited, acquiring 469,450 shares, which represents a 1.04% stake in the company.
A manufacturer of corrosion-resistant glass-lined equipment, this company serves the pharmaceutical and chemical industries with specialized process solutions. Its product portfolio includes mixing systems, filtration and drying equipment, engineered systems, and heavy engineering solutions. Over the years, the company has diversified to become a leading supplier of process equipment across multiple sectors requiring high-performance industrial solutions for complex manufacturing operations and chemical processing needs.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
