Rolex Rings Limited
HDFC Mutual Fund decreased its stake in Rolex Rings Limited from 1.78% to 1.75% by selling 88,065 shares. The value of shares sold was ₹1.21 crore at ₹137.92 apiece.
A leading manufacturer of forged and machined components, this company specializes in producing hot rolled forged bearing rings and automotive parts for diverse industrial applications. It serves global customers across automotive, industrial machinery, wind turbine, and railway sectors. Ranking among India's top five forging companies, it maintains vertically integrated production capabilities for complex precision components and remains a key supplier to multiple industrial segments.
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.