Container Corporation of India Limited
Nippon India Mutual Fund reduced its stake in Container Corporation of India from 2.00% to 1.93%. The fund house sold 5,28,785 shares, valued at approximately ₹23.69 crore at ₹447.95 apiece.
India's premier container logistics operator engaged in inland rail-based transportation of containers across the country. The company manages ports, air cargo complexes, and cold chain infrastructure, providing integrated multimodal solutions for containerized freight and specialized cargo handling. Its vertically integrated approach covers key logistics nodes, making it a comprehensive transportation and supply chain service provider for domestic and international cargo movements.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.