Shoppers Stop Limited
Kotak Mutual Fund decreased its stake in Shoppers Stop Limited from 4.22% to 4.03%, selling 2,11,605 shares.
India's leading fashion and beauty retailer, Shoppers Stop operates a network of stores across major cities offering a carefully curated portfolio of domestic and international brands. The company specializes in premium fashion, accessories, and beauty products, serving customers through both physical retail locations and digital channels. Established in 1991, it has built a distinctive presence in India's organized retail segment through its diverse brand offerings and multi-channel approach.
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.