KEI Industries Limited
Axis Mutual Fund increased its stake in KEI Industries from 1.18% to 1.21%, purchasing 23,781 shares.
A leading manufacturer of wires and cables, KEI Industries produces a comprehensive range of electrical products including extra high voltage cables, high tension cables, and low tension cables for diverse applications. The company serves both domestic and international markets, supplying essential electrical infrastructure components to utilities, industrial sectors, and construction projects across multiple geographies and customer segments.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.