Tata Power Company Limited
Mirae Asset Mutual Fund now holds a 1.09% stake in Tata Power Company Limited, up from under 1%, holding 3,47,77,131 shares at the end of the period.
India's largest vertically-integrated power company, Tata Power generates, transmits, and distributes electricity across the nation through thermal, hydro, and renewable energy assets. The company is transitioning toward complete renewable energy production to support India's sustainability goals. Beyond utility operations, it manufactures solar roofs and is expanding into electric vehicle charging infrastructure as part of its broader energy ecosystem strategy.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.