Tata Mutual Fund increased its stake in Gujarat Pipavav Port from 2.60% to 2.64% by purchasing 2,00,000 shares.
A privately-owned deep-water port located on Gujarat's southwest coast near Bhavnagar, Gujarat Pipavav Port serves as a gateway for international maritime trade. Strategically positioned on major shipping routes connecting India with the US, Europe, Africa, the Middle East, and the Far East, the port handles container, breakbulk, and multipurpose cargo operations. As India's first private sector port, it provides modern infrastructure and efficient logistics services to support domestic and international commerce.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
