Praj Industries Limited
UTI Mutual Fund increased its stake in Praj Industries Limited from 2.40% to 3.38%. The fund acquired 17,99,486 shares, raising its total holding to 62,16,608 shares.
A biotechnology and engineering company that develops sustainable solutions across bioenergy, water purification, process equipment, breweries, and wastewater treatment sectors. The company specializes in farm-to-fuel technology and environmental solutions, combining engineering expertise with biotechnology innovation. Founded in 1983, it serves clients globally through operations in Thailand, Philippines, and the USA, focusing on energy efficiency and environmental sustainability.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.