Kirloskar Brothers Limited
Mahindra Manulife Mutual Fund decreased its stake in Kirloskar Brothers Limited from 1.07% to 1.02%, selling 41,673 shares. Kirloskar Brothers shares closed at ₹1935.50.
An engineering and manufacturing company specializing in fluid management systems, Kirloskar Brothers serves large infrastructure projects across water supply, power plants, and irrigation sectors. The company designs and produces pumps, valves, motors, and hydro turbines for critical applications. Operating as part of the established Kirloskar Group, it delivers engineered solutions tailored to infrastructure and industrial needs across India and beyond.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.