HDFC Mutual Fund reduced its stake in Cyient DLM from 9.71% to 7.90% by selling 14,42,684 shares.
A leading electronics system design and manufacturing company, Cyient DLM provides comprehensive system design, integration, testing, and manufacturing of electronic components and subsystems for original equipment manufacturers in the aerospace, defense, and high-tech engineering sectors. The company serves a global customer base across India, Europe, North America, China, and Japan, delivering specialized solutions for complex industrial applications and mission-critical systems.
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.
