IFGL Refractories Limited
DSP Mutual Fund increased its stake in IFGL Refractories from 3.00% to 3.05%, purchasing 33,375 shares to take its total holding to 21,98,633 shares.
A manufacturer of specialized refractories and operating systems for the iron and steel industry, IFGL Refractories serves major steel producers across India. The company designs and produces high-performance refractory materials engineered to withstand extreme temperatures in steel manufacturing processes. Its focus on technical innovation, customized solutions, and integrated operating systems for industrial clients distinguishes it within the refractories sector.
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.