Kotak Mutual Fund decreased its stake in Sandhar Technologies from 3.21% to 2.87% by selling 204,646 shares. The value of shares sold is ₹12.27 Cr, at an approximate price of ₹599.55 per share.
A manufacturer of automotive components and assemblies serving India's automotive industry, Sandhar Technologies operates through a network of joint ventures and subsidiaries. The company specializes in producing critical components for passenger vehicles and commercial vehicles, leveraging established relationships with major Original Equipment Manufacturers. Its vertically integrated operations, diverse product portfolio across multiple vehicle segments, and manufacturing expertise position it as a key supplier within the domestic automotive ecosystem.
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.
