Deepak Nitrite Limited
Kotak Mutual Fund increased its stake in Deepak Nitrite from 3.23% to 3.36%, raising its holding from 4,405,493 shares to 4,581,504 shares.
A specialty chemicals manufacturer established in 1970, the company produces basic intermediates, fine and specialty chemicals, performance products, and phenolics for diverse end-use industries. It serves pharmaceuticals, agrochemicals, paints, coatings, and other industrial sectors globally. The company operates integrated manufacturing facilities across multiple locations and maintains a strong focus on research and development to innovate and enhance its chemical product offerings.
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.