Triveni Engineering & Industries Limited
DSP Mutual Fund decreased its stake in Triveni Engineering & Industries from 4.94% to 4.51%, selling 870,516 shares worth ₹41.11 Cr at ₹472.15 apiece.
An integrated conglomerate operating across sugar production, ethanol manufacturing, and engineering sectors, the company is strategically located in the sugarcane-rich regions of western and central Uttar Pradesh. It ranks among India's top three sugar manufacturers and serves as the country's second largest ethanol supplier. The diversified business model spans multiple industries, enabling operational synergies and sustained market presence across sectors.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.