Birla Corporation Limited
HDFC Mutual Fund trimmed its stake in Birla Corporation from 4.30% to 4.28%, selling 17,228 shares.
A major cement manufacturer in India, Birla Corporation produces various types of cement for construction and infrastructure applications across multiple regions. Part of the M.P. Birla Group, the company operates integrated cement facilities and maintains a significant presence in the jute goods sector, diversifying its revenue streams beyond core cement operations and serving customers in both domestic and export markets.
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.