JM Financial Mutual Fund trimmed its Arvind Limited stake from 1.46% to 1.34%, selling 3,10,000 shares for ₹16.88 Cr.
A vertically integrated textile manufacturer with nearly eight decades of industry presence, Arvind Limited ranks among the world's largest denim producers. The company manufactures a comprehensive range of denim, cotton shirting, knits, and bottom weight fabrics for both domestic and international markets. Its integrated operations span from fabric production to finished garments including jeans and shirts, serving major apparel brands globally.
AMC arm of JM Financial Group, one of India's established investment banking and financial services conglomerates. Manages over Rs 10,000 crore across equity, debt and liquid schemes. Among India's older independent AMCs, known for conservative debt fund management and a focused equity product suite.