Ahluwalia Contracts (India) Limited
Axis Mutual Fund reduced its stake in Ahluwalia Contracts (India) Limited from 4.81% to 4.77%, selling 21,769 shares.
A prominent engineering and contract construction company, Ahluwalia Contracts delivers infrastructure and building projects across India. The firm specializes in executing state-of-the-art construction solutions for diverse clientele, ranging from government bodies to private enterprises. Its core expertise spans civil engineering, project management, and large-scale infrastructure development, with a focus on quality execution and timely delivery, positioning it as a key player in India's construction sector.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.