HDFC Mutual Fund decreased its stake in TCI Express Limited from 5.14% to 2.46%, selling 10,30,484 shares in an open market transaction.
An express cargo logistics provider operating a nationwide infrastructure network across India. TCI Express specializes in time-definite delivery solutions, utilizing multiple transport modes including road, rail, and air to distribute goods efficiently to customers. The company offers comprehensive logistics services designed to meet specific delivery timelines for commercial, industrial, and e-commerce clients throughout the country.
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.