Apar Industries Limited
HDFC Mutual Fund reduced its stake in Apar Industries Limited from 2.90% to 2.66%, selling 52,637 shares.
A vertically integrated manufacturer of electrical equipment with operations across conductors, transformer and specialty oils, and power/telecom cables. Founded in 1958, the company serves India's power transmission and telecommunications infrastructure while maintaining a global presence. It plays a significant role in supporting the country's electrification efforts and energy distribution networks across industrial and utility sectors.
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.