JK Cement Limited
Invesco Mutual Fund increased its stake in JK Cement from 2.13% to 2.35%, acquiring 1,69,551 shares. The fund's total holding grew to 18,18,091 shares.
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.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.