Centum Electronics Limited
HDFC Mutual Fund decreased its stake in Centum Electronics from 9.55% to 8.97%, selling 83,901 shares. The value of the sold shares was approximately ₹31.14 crore at a price of ₹3711.40 per share.
A leading Electronics System Design and Manufacturing company, Centum Electronics provides comprehensive design services and manufactures mission-critical systems and subsystems for defence, space, aerospace, industrial, transportation, and medical sectors. Founded in 1993, the company operates as a vertically integrated provider of electronics solutions across India's most demanding industries, offering end-to-end capabilities from concept to production.
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.