Invesco Mutual Fund raised its stake in Aditya Birla Real Estate from 2.57% to 2.82%, acquiring 2,86,365 shares. The fund now holds 31,54,260 shares in the company.
A diversified business house that operates across cotton textiles, pulp and paper, and real estate sectors in India. The company has evolved from its textile manufacturing origins to establish a significant presence in residential and commercial property development across major cities. Its vertically integrated operations span multiple industries, positioning it as a prominent player in both manufacturing and real estate landscapes.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
