Techno Electric & Engineering Company Limited
HDFC Mutual Fund reduced its stake in Techno Electric & Engineering Company Limited from 4.35% to 4.13%, selling 2,54,827 shares.
A provider of engineering, procurement, and construction services in India's power infrastructure sector. Techno Electric & Engineering specializes in EPC solutions, asset ownership, and long-term operations and maintenance services for power generation and transmission projects. The company delivers comprehensive end-to-end infrastructure development and project management across the entire energy value chain, serving both public and private sector clients.
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.