Prudential ICICI MF increases stake in Sunil Hitech

Mumbai, July 7 (UNI) Prudential ICICI Mutual Fund has increased its stake in Sunil Hitech Engineers aggregating 2.044 per cent.

The total shareholding of Prudential ICICI Balanced Fund alone of Sunil Hitech is 204,940 shares, while the other schemes stake in the company include Prudential ICICI Emerging fund, Prudential ICICI Child Gift Plan, Prudential ICICI Monthly Income plan, Prudential ICICI Child Care Gift Plan and Study Plan, said a press release issued by Sunit Hitech here.

The annual turnover of Sunil Hitech is around Rs 133 crore with an order book position of Rs 350 crore. The clientele includes leaders from both private and public sectors like NTPC, MSEB, BHEL and Reliance Energy among others. It specializes in fabrication, erection, testing and commissioning of thermal power plants.

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