Bandhan Mutual Fund entered NCC Limited with a new position of 62,88,522 shares, representing a 1.00% stake in the company. The position is valued at ₹91.63 Cr based on NCC's share price of ₹145.76.
A civil construction company incorporated in 1978, NCC undertakes turnkey engineering, procurement, and construction contracts along with build-operate-transfer projects on a public-private partnership basis. The company delivers integrated infrastructure solutions across multiple sectors, managing complex projects from conceptualization through design, execution, and long-term operation. NCC operates as a comprehensive EPC contractor with demonstrated expertise in handling large-scale infrastructure development initiatives across India.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
