DSP Mutual Fund decreased its stake in KEC International from 2.26% to 1.65%, selling 16,23,359 shares.
A global infrastructure engineering, procurement, and construction company, KEC International operates across power transmission and distribution, railways, civil works, urban infrastructure, solar energy, oil and gas pipelines, and cable manufacturing. The company delivers integrated project solutions across multiple geographies and sectors, combining technical expertise with established market presence. As the flagship company of the RPG Group, it provides end-to-end infrastructure development services to clients worldwide.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
