CESC Limited
HDFC Mutual Fund trimmed its stake in CESC from 1.54% to 1.50%, selling 4,54,422 shares.
An integrated power utility operating in India's eastern region, CESC Ltd generates and distributes electricity to residential, commercial, and industrial customers across its service areas. The company operates thermal and renewable power generation facilities alongside its distribution network infrastructure. With over four decades of operational experience, it manages the complete electricity value chain from power generation through transmission and last-mile consumer delivery services.
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.