Bandhan Mutual Fund increased its stake in KEC International from 1.80% to 1.92%, buying 332,907 shares. The value of this transaction is ₹16.49 crore at a share price of ₹495.40.
A global infrastructure engineering, procurement, and construction company, KEC International operates across power transmission and distribution, railways, civil works, urban infrastructure, solar energy, oil and gas pipelines, and cable manufacturing. The company delivers integrated project solutions across multiple geographies and sectors, combining technical expertise with established market presence. As the flagship company of the RPG Group, it provides end-to-end infrastructure development services to clients worldwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
