Nitin Spinners Limited
Mahindra Manulife Mutual Fund increased its stake in Nitin Spinners from 3.34% to 3.61% by purchasing 1,52,274 shares.
A leading manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics, Nitin Spinners operates from its base in Bhilwara, Rajasthan. Founded in 1992, the company serves both domestic and international markets through vertically integrated textile production capabilities. Its distinctive approach combines spinning, knitting, and fabric finishing operations within a single integrated framework, enabling end-to-end control of quality and production.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.