Power Mech Projects Limited
HDFC Mutual Fund increased its stake in Power Mech Projects Limited from 8.13% to 8.19%, buying 18,699 shares for ₹4.78 crore at ₹2554.70 apiece.
An engineering and construction company providing integrated services in the erection, testing and commissioning of boilers, turbines and generators for thermal power projects. The company specializes in balance of plant work, civil construction and operation and maintenance services. It undertakes ultra mega power projects, super critical thermal power projects and sub critical power installations 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.