Kirloskar Pneumatic Company Limited

HDFC Mutual Fund decreased its stake in Kirloskar Pneumatic Company Limited from 1.78% to 1.63%, selling 100,000 shares worth ₹15 Cr at ₹1497.10 apiece.

A compression and transmission equipment manufacturer serving oil and gas, steel, cement, food and beverage, railways, and marine industries. Incorporated in 1958 and part of the Pune-based Kirloskar group, the company designs and supplies compression packages while providing operation and maintenance services. It also operates RoadRailer trains for end-to-end logistics and transportation of goods across sectors.

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.