Kotak Mutual Fund decreased its stake in Blue Dart Express Limited from 1.86% to 1.71%, selling 35,163 shares.
A leading courier and integrated air express package distribution company operating across South Asia, Blue Dart Express provides door-to-door delivery of time-sensitive shipments through a combined ground and air transportation network. The company operates an extensive logistics infrastructure serving businesses and individuals. Since its incorporation in 1988, it has established itself as a key player in India's express distribution and logistics sector.
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.
