Fiem Industries Limited
HDFC Mutual Fund increased its stake in Fiem Industries from 7.75% to 8.72%, acquiring 2,54,984 shares for ₹58 Cr at ₹2272.20 apiece.
A manufacturer and supplier of automotive components, Fiem Industries specializes in designing and producing automotive lighting systems for domestic and international markets. The company serves major automobile manufacturers across India with a comprehensive range of lighting products and integrated solutions. Established in 1989, it operates as a significant supplier within the automotive component sector.
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.