Invesco Mutual Fund increased its stake in Honeywell Automation India Limited from 1.10% to 1.25%, buying 13,348 shares.
A leading provider of automation and control solutions for industrial applications across India. Honeywell Automation India designs, manufactures, and distributes products for building management, industrial automation, and process control systems. The company serves diverse sectors including oil and gas, power, chemicals, pharmaceuticals, and commercial buildings through its integrated technology offerings and technical support services.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
