HDFC Mutual Fund increased its stake in Tega Industries from 5.42% to 5.47%, buying 40,383 shares. The value of the additional shares is ₹6.55 crore at ₹1622.20 apiece.
A manufacturer of specialized consumable products for the global mining and mineral processing industry, Tega Industries serves the bulk solids handling sector with polymer-based mill liners and related critical equipment. Established in 1976, the company operates across multiple geographies and serves infrastructure requirements in mining operations worldwide. Its focus on durable, recurring-use industrial components and vertical integration distinguishes it within the global beneficiation sector.
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.
