Tata Mutual Fund acquired 3,767,922 shares of Nuvoco Vistas Corporation Limited, establishing a new position with a 1.05% stake in the company. The stake is valued at approximately ₹119.23 crore based on the share price of ₹316.55.
One of India's largest cement and concrete manufacturers, Nuvoco Vistas produces cement, ready-mix concrete, and modern building materials including adhesives, wall putty, dry plaster, and cover blocks. The company operates integrated production facilities across multiple regions in India and serves infrastructure, construction, and residential sectors. Its diversified product portfolio and vertically integrated operations across the value chain distinguish it in the building materials industry.
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.
