JK Cement Limited
Kotak Mutual Fund decreased its stake in JK Cement Limited from 4.58% to 4.54%, selling 31,498 shares. The value of shares sold is ₹16.43 Cr at ₹5215.50 apiece.
A cement manufacturer with over four decades of experience in producing and selling cement and cement-related products across India. The company operates as part of the JK Organisation, a diversified industrial conglomerate with interests spanning multiple sectors including infrastructure and construction materials. It focuses on cement production, distribution, and related offerings, serving construction and infrastructure markets throughout the country.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.