Diamond Power Infrastructure Limited
HDFC Mutual Fund entered Diamond Power Infrastructure Limited with 1,31,37,487 shares, acquiring a 2.20% stake.
A manufacturer of transmission and distribution equipment for India's power sector, Diamond Power Infrastructure Limited produces transformers, switchgear, and related electrical products serving utilities, industries, and renewable energy projects. The company maintains a focus on quality manufacturing, technical expertise, and reliable supply chains. Its engineering capabilities and commitment to meeting sector standards distinguish it in the competitive power infrastructure market.
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.