Kajaria Ceramics Limited
Kotak Mutual Fund increased its stake in Kajaria Ceramics from 3.07% to 3.57%, acquiring 803,709 shares. The total value of the increased stake is ₹99.34 crore at a share price of ₹1236.40.
India's largest manufacturer of ceramic and vitrified tiles, Kajaria Ceramics produces a comprehensive range of tiles for residential, commercial, and institutional applications across the country. The company operates integrated manufacturing facilities at multiple locations and distributes its products through an extensive dealer network. Its significant scale and advanced production capabilities position it among the world's leading tile manufacturers in terms of capacity and reach.
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.