JM Financial Mutual Fund trimmed its stake in Zuari Industries from 1.18% to 1.15%, selling 7,362 shares worth ₹19.35 lakh.
A diversified industrial conglomerate engaged in sugar manufacturing, ethanol production, and power generation across India. Zuari Industries operates integrated facilities for producing sugar and value-added byproducts while maintaining complementary businesses in real estate, investment services, engineering services, furniture manufacturing and trading, and management services. The company leverages its operational expertise across multiple sectors to sustain its diverse portfolio.
AMC arm of JM Financial Group, one of India's established investment banking and financial services conglomerates. Manages over Rs 10,000 crore across equity, debt and liquid schemes. Among India's older independent AMCs, known for conservative debt fund management and a focused equity product suite.