VRL Logistics Limited
UTI Mutual Fund increased its stake in VRL Logistics Limited from 2.43% to 3.23% by purchasing 1,400,781 shares. The transaction value is approximately ₹40.41 Cr, calculated at the last available share price of ₹288.45.
A logistics solutions provider engaged primarily in domestic transportation of goods across India through an extensive network of branches and transshipment hubs. The company also operates bus services for passenger transport, manages wind mills for power generation and certified emission reduction units, and provides air transport services. Its diversified operations span multiple business verticals to serve transportation and energy needs nationwide.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.