Metro Brands Limited
Kotak Mutual Fund increased its stake in Metro Brands from 2.74% to 2.82%, adding 201,586 shares.
One of India's largest footwear and accessories specialty retailers, Metro Brands operates as a comprehensive one-stop shop for branded products serving all family members and occasions. The company offers casual and formal footwear designed for men, women, children, and unisex segments, establishing itself as a prominent aspirational Indian brand in the footwear category. It caters to diverse consumer needs through its extensive retail presence across the country.
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.