TBO Tek Limited
Axis Mutual Fund increased its stake in TBO Tek Limited from 1.11% to 1.62% by purchasing 561,162 shares, bringing its total holding to 1,763,944 shares. The value of the additional shares is approximately ₹95.6 Cr at a share price of ₹1703.50.
An online travel technology platform operator, TBO Tek aggregates global travel inventory from airlines, hotels, and other suppliers through its integrated digital ecosystem. Incorporated in 2006, the company provides travel professionals and consumers with access to book comprehensive travel services across multiple channels. Its distinctive approach combines technology infrastructure with direct supplier relationships to deliver seamless booking experiences.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.