HDFC Mutual Fund decreased its stake in Kaynes Technology India Limited from 3.77% to 3.55%, selling 1,42,672 shares.
An integrated electronics manufacturing company providing end-to-end solutions and IoT-enabled services across automotive, aerospace, defense, industrial, medical, railways, and IT sectors. Kaynes Technology offers conceptual design, process engineering, integrated manufacturing, and comprehensive lifecycle support to major industry players. The company combines advanced IoT capabilities with vertically integrated contract manufacturing expertise to serve diverse and specialized industrial segments across India.
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.
