NLC India Limited
Kotak Mutual Fund decreased its stake in NLC India Limited from 2.60% to 2.48%, selling 15,55,848 shares. The value of the shares sold is ₹42.55 crore at a share price of ₹273.10.
A major power generation company engaged in lignite mining and thermal power production across multiple states in India. The company operates coal-fired power plants while expanding its renewable energy portfolio to include solar and wind capacity. NLC India serves as a key contributor to the nation's energy infrastructure through vertically integrated mining and generation operations, supplying power to utilities and industrial consumers nationwide.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.