Timken India Limited
Invesco Mutual Fund increased its stake in Timken India Limited from 2.36% to 3.09%, purchasing 5,45,944 shares and raising its total holding to 23,22,470 shares.
A manufacturer and distributor of anti-friction bearings, components, and mechanical power transmission products serving diverse industrial sectors across India. Timken India provides maintenance contracts, refurbishment services, and comprehensive industrial solutions to its customer base. Established in 1987, the company operates as part of the global Timken Group, bringing international expertise in bearing technology, mechanical power transmission, and specialized industrial services to multiple industry verticals.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.