Godavari Biorefineries Limited
HDFC Mutual Fund trimmed its stake in Godavari Biorefineries from 3.66% to 3.56%, selling 54,874 shares.
A manufacturer of bio-based chemicals and ethanol, Godavari Biorefineries operates in the diversified FMCG sector with a legacy spanning over eight decades since its incorporation in 1939. The company produces sustainable chemical solutions and fuel-grade ethanol derived from renewable resources for industrial and commercial applications. Its specialization in bio-refining technology and commitment to renewable feedstock processing distinguishes it within India's chemical manufacturing landscape.
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.