Axis Mutual Fund increased its stake in Gokaldas Exports from 3.06% to 4.11%, acquiring 769,479 shares, bringing its total to 3,013,257 shares. The shares are valued at ₹796.95 apiece.
A vertically integrated garment manufacturer, Gokaldas Exports designs, produces, and supplies a wide range of apparel for men, women, and children to leading international fashion brands and retailers globally. The company operates across the complete value chain from concept and design through manufacturing to final delivery. It specializes in high-quality garment production with a focus on serving established global fashion and retail companies.
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.