HSBC Mutual Fund now holds 1.20% of Triveni Turbine Limited, up from under 1%. The fund holds 38,22,190 shares.
A manufacturer and supplier of power generating equipment and solutions, Triveni Turbine serves India's energy sector with specialized turbine technology and related machinery for power generation applications. The company operates across multiple segments within the power equipment industry. Originally functioning as a division of Triveni Engineering & Industries since the 1970s, it became an independent listed entity following its demerger in October 2010.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.
