HSBC Mutual Fund took up new shares in PTC Industries' allotment, raising its stake from 1.09% to 1.17%. The fund's holding increased from 1,62,934 to 1,84,749 shares.
A manufacturer of specialized metal components designed for critical and supercritical applications across defence, oil and gas, liquefied natural gas, and marine sectors. PTC Industries produces precision-engineered parts that meet stringent industry standards for high-performance environments. The company serves customers requiring components capable of withstanding extreme operational conditions and demanding specifications in their respective industries.
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.
