Hirect Limited
Tata Mutual Fund newly disclosed a 3.06% stake in Hirect Limited, holding 10,86,366 shares after crossing the 1% disclosure threshold.
A manufacturer of power electronic equipment and railway transformation systems, Hind Rectifiers produces converters, inverters, rectifiers, traction transformers, and locomotive components for India's railway and industrial sectors. The company designs and manufactures specialized electrical equipment including regulated battery chargers, modular pantry units, and various switchboard panels for locomotives. Operating manufacturing facilities across Maharashtra and Uttarakhand, it serves as a key supplier to the railway 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.