Kalyan Jewellers India Limited
Motilal Oswal Mutual Fund decreased its stake in Kalyan Jewellers India Limited from 9.38% to 9.17% by selling 2,161,154 shares worth ₹110.36 crore at ₹510.65 apiece.
A leading jewellery retailer in India, Kalyan Jewellers designs, manufactures, and sells gold, studded, and other jewellery products across multiple price segments to diverse customer bases. The company operates through an extensive network of retail outlets nationwide. Founded by its current Chairman and Managing Director, T.S. Kalyanaraman, it has established itself as one of the largest jewellery retailers in the country.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.