Kotak Mutual Fund decreased its stake in Juniper Hotels Limited from 1.37% to 1.01%, selling 812,663 shares for ₹16.25 Cr at ₹199.95 apiece.
A luxury hotel development and ownership company, Juniper Hotels operates a diversified portfolio of upscale properties across strategic locations throughout India. The company develops, owns, and manages premium hotels and serviced apartments, catering to the high-end hospitality segment. With properties in key markets, Juniper Hotels focuses on delivering distinctive luxury experiences and establishing a strong presence in India's premium hotel industry.
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.
