Bansal Wire Industries Limited
HDFC Mutual Fund bought 809,063 shares of Bansal Wire Industries Limited for ₹25.00 Cr at ₹309.00 apiece in a bulk deal.
A manufacturer of specialty wires incorporated in 1985, Bansal Wire Industries produces diverse wire varieties for industrial and commercial applications. The company operates in the iron and steel products sector, serving multiple end-user segments through its wire manufacturing operations. Its distinctive strength lies in producing specialized wire products that cater to varied industrial requirements across India and maintains a focus on quality wire 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.