Afcons Infrastructure Limited
Invesco Mutual Fund's name has dropped from Afcons Infrastructure Limited's latest shareholder list. Last reported at 1.58 percent, Invesco Mutual Fund either fully exited or trimmed the position below the 1 percent public disclosure threshold.
An infrastructure engineering and construction company, Afcons Infrastructure operates across civil construction, marine works, and industrial projects throughout India and internationally. Incorporated in 1959, the company specializes in building complex infrastructure including bridges, tunnels, ports, water management systems, and offshore structures. Its distinctive strength lies in executing large-scale, technically challenging projects that require specialized engineering expertise and integrated project management capabilities.
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.