Nuvoco Vistas Corporation Limited
HDFC Mutual Fund increased its stake in Nuvoco Vistas Corporation Limited from 5.84% to 5.87%. The fund house acquired 93,102 shares, raising its total holding to 2,09,64,348 shares.
One of India's largest cement and concrete manufacturers, Nuvoco Vistas produces cement, ready-mix concrete, and modern building materials including adhesives, wall putty, dry plaster, and cover blocks. The company operates integrated production facilities across multiple regions in India and serves infrastructure, construction, and residential sectors. Its diversified product portfolio and vertically integrated operations across the value chain distinguish it in the building materials industry.
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.