HDFC Mutual Fund decreased its stake in Goodyear India from 6.75% to 6.53%, selling 51,709 shares worth ₹4.23 Cr.
A leading manufacturer and trader of tyres, tubes, and flaps, Goodyear India operates across the automotive and agricultural rubber products sector. The company holds a prominent position in India's farm tyre market, serving commercial vehicles, passenger cars, and farming equipment. Its operations encompass manufacturing facilities and distribution networks across India's diverse regions and customer segments.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
