Supreme Industries Limited
Nippon India Mutual Fund increased its stake in Supreme Industries Limited from 1.18% to 1.21%, purchasing 42,946 shares.
India's leading plastics manufacturer, Supreme Industries produces a comprehensive range of plastic products across multiple sectors and applications. The company operates in piping systems, cross-laminated films, protective packaging, industrial moulded components, moulded furniture, storage and material handling products, performance packaging films, and composite LPG cylinders. Its diversified product portfolio serves both industrial and consumer markets throughout the country.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.