HeidelbergCement India Limited
Axis Mutual Fund decreased its stake in HeidelbergCement India Limited from 2.22% to 2.12% by selling 2,27,639 shares. The value of the sold shares was approximately ₹3.57 crore, calculated at the last close price of ₹157.01.
A major cement manufacturer operating across India through three strategically located production facilities in Central and Southern regions. The company produces cement and cement products for construction and infrastructure applications serving diverse customer segments. As the Indian subsidiary of HeidelbergCement Group, a Germany-based multinational, it brings global expertise and operational standards to India's cement sector while maintaining strong local presence.
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.