HDFC Mutual Fund increased its stake in VST Industries from 1.02% to 1.11%, acquiring 158,108 shares. The total value of their holding in VST Industries is now approximately ₹50.2 Cr.
A manufacturer and trader of cigarettes and tobacco products, VST Industries operates across the entire tobacco value chain in India. The company produces a diverse portfolio of cigarette brands catering to various consumer segments and price points. VST Industries maintains a significant presence in India's organized tobacco sector through its established distribution network, manufacturing facilities, and strong brand portfolio developed over decades of operations.
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.
