Ajax Engineering Limited

New PositionQuarterly

AJAXENGGConstruction VehiclesMarket Cap₹6K Cr

Stake

1.02%

Franklin Templeton Mutual Fund

Mutual Fund

The move

Franklin Templeton Mutual Fund initiated a new position in Ajax Engineering Limited, acquiring 11,62,198 shares for a 1.02% stake in the company.

About Ajax Engineering Limited

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A manufacturer of concrete equipment and machinery, Ajax Engineering designs and produces a comprehensive range of products for the construction sector. Founded in 1992, the company operates across the entire value chain of concrete equipment, serving builders and construction firms throughout India. Its portfolio includes concrete mixers, pumps, and related machinery for concrete handling, placement, and processing. The company provides both equipment and associated services to support construction operations.

About Franklin Templeton Mutual Fund

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Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.

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More moves in Ajax Engineering Limited

Ashoka WhiteOakDecreased

Ashoka WhiteOak decreased its stake in Ajax Engineering Limited from 1.61% to 1.26%, selling 399,300 shares for ₹23.7 Cr at ₹594.00 apiece.

21 Jul 2026

WhiteOak Capital Mutual FundIncreased

WhiteOak Capital Mutual Fund increased its stake in Ajax Engineering Limited from 1.57% to 1.83%, raising its shareholding from 1,792,787 to 2,098,824 shares. The approximate value of the increased stake was ₹12.18 Cr based on the share price of ₹594.00.