Kotak Mutual Fund increased its stake in Blue Star Limited from 4.47% to 4.48%, raising its holding by 235 shares from 9,201,145 to 9,201,380. The additional shares are valued at ₹4.06 lakh based on a share price of ₹1729.20.
A manufacturer of air purifiers, air coolers, water purifiers, and cold storage equipment serving Indian households and commercial enterprises. Blue Star provides comprehensive turnkey MEP solutions encompassing mechanical, electrical, plumbing, and fire-fighting systems for large-scale commercial projects across various sectors. The company operates India's largest after-sales service network dedicated to air conditioning and commercial refrigeration products, ensuring widespread customer support and maintenance capabilities.
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.
