HDFC Mutual Fund sold 532,526 shares of Cyient Limited for ₹45.48 Cr at ₹854.01 apiece in a bulk deal.
A technology services company that provides engineering, manufacturing, data analytics, and networks and operations solutions to clients across multiple industries. Cyient specializes in digital transformation and technology-enabled services, leveraging its expertise to deliver integrated solutions for enterprise clients. The company operates as a multinational organization with headquarters in India, serving global markets through its specialized technology platform and engineering capabilities.
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.