Invesco Mutual Fund decreased its stake in Transformers And Rectifiers (India) Limited from 1.05% to 1.03%, selling 57,606 shares. The value of the shares sold was ₹1.9 Cr at ₹332.50 apiece.
A manufacturer of power, furnace, and rectifier transformers serving India's electrical equipment sector. Transformers and Rectifiers (India) Ltd. specializes in heavy electrical equipment designed for industrial applications, power generation, and metallurgical processes. The company operates as a vertically integrated producer, focusing on transformer technology and custom rectification solutions for diverse customer requirements across multiple industries.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
