IFGL Refractories Limited
HDFC Mutual Fund trimmed its stake in IFGL Refractories from 9.09% to 9.07%, selling 11,932 shares.
A manufacturer of specialized refractories and operating systems for the iron and steel industry, IFGL Refractories serves major steel producers across India. The company designs and produces high-performance refractory materials engineered to withstand extreme temperatures in steel manufacturing processes. Its focus on technical innovation, customized solutions, and integrated operating systems for industrial clients distinguishes it within the refractories sector.
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.