Shree Cement Limited
Nippon India Mutual Fund added over 0.37% of Shree Cement Limited and now holds 1.37%, or 4,93,124 shares.
A major cement producer in India, this company manufactures and distributes cement and cement-related products to construction, infrastructure, and industrial sectors. Operating multiple manufacturing facilities across the country, it is recognized for efficient production processes and competitive cost structures. The company serves customers through an established distribution network and maintains a strong presence in the Indian cement market.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.