BEML Limited
HDFC Mutual Fund increased its stake in BEML Limited from 7.14% to 7.54%, raising its shareholding from 5,949,215 to 6,278,076 shares. The value of this increased holding is ₹1,193.2 Cr, with the shares priced at ₹1910.60 apiece.
A manufacturer of heavy earthmoving equipment, this company serves India's mining and construction industries with a comprehensive range of machinery and vehicles designed for demanding applications. Beyond commercial operations, it produces specialized vehicles for defense forces and manufactures coaches for metro rail systems and Indian Railways. The company operates as a vertically integrated enterprise with multiple manufacturing facilities located across India.
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.