Canara Robeco Mutual Fund now holds 74,40,060 shares of Jindal Saw Limited, representing a 1.16% stake in the company. The fund house's holding rose from under 1% in the prior filing.
A leading manufacturer of steel pipes and pellets, Jindal Saw produces LSAW pipes, HSAW pipes, DI pipes, and seamless pipes for infrastructure, oil and gas, and water distribution sectors. The company operates integrated production facilities across multiple locations and serves both domestic and international markets with consistent quality. Its vertically integrated operations, manufacturing expertise, and focus on product quality distinguish it in the competitive steel pipes industry.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.
