Maharashtra Scooters Limited
PPFAS Mutual Fund increased its stake in Maharashtra Scooters Limited from 2.77% to 2.94% by purchasing 19,692 shares. The transaction value was approximately ₹25.61 crore, with the shares priced at ₹13,003 apiece.
A manufacturing and investment company, this firm specializes in producing dies, jigs, fixtures, and die-casting components primarily for the automobile industry. Operating as both a manufacturer and core investment entity, the company serves automotive sector requirements through its specialized tooling and precision component production capabilities. It maintains operations across manufacturing facilities while actively managing its investment portfolio.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.