Hindustan Petroleum Corporation Limited
HDFC Mutual Fund increased its stake in Hindustan Petroleum Corporation Limited from 4.76% to 5.11%, purchasing 74,86,220 shares and crossing the 5% disclosure threshold.
One of India's largest integrated energy companies, HPCL operates across the entire petroleum value chain, engaging in crude oil refining, marketing of petroleum products, and hydrocarbon production. The company manages exploration and production blocks while maintaining a significant downstream presence through extensive fuel distribution and retail networks. Its vertically integrated business model enables operations spanning refining capacity, retail marketing infrastructure, and upstream energy exploration activities.
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.