Ratnaveer Precision Engineering Limited
Taurus Mutual Fund acquired a new position in Ratnaveer Precision Engineering, purchasing 8,30,380 shares, representing a 1.16% stake in the company.
A manufacturer of stainless steel products serving diverse industrial applications across India. Incorporated in 2000, the company produces a comprehensive range of SS components, fasteners, and engineered products for automotive, machinery, pharmaceutical, food processing, and infrastructure sectors. It operates integrated manufacturing facilities focused on precision engineering, quality standards, and custom solutions. The company serves both domestic and export markets with specialized capabilities in stainless steel fabrication and finishing.
One of India's oldest AMCs, founded in 1993. Manages a smaller book of around Rs 3,000 crore. A legacy independent fund house that has maintained a lean, focused product portfolio of equity and debt schemes. Among the few survivor AMCs from the pre-liberalisation era still operating as an independent entity.