Mirae Asset Mutual Fund trimmed its KPIT Technologies stake from 2.10% to 1.38%, selling 19,81,952 shares.
A global technology company specializing in embedded software, artificial intelligence, and digital solutions for the automotive and mobility sectors. KPIT develops innovative platforms that enable autonomous, clean, smart, and connected mobility technologies for customers worldwide. With over thirteen thousand employees and development centers across Europe, USA, Japan, China, Thailand, and India, the company accelerates implementation of next-generation transportation solutions.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.
