HSBC Mutual Fund entered KSH International with 8,23,321 shares, a 1.22% stake worth ₹72.08 crore at ₹875.50 apiece.
India's largest exporter of magnet winding wires, this industrial manufacturer specializes in producing high-quality wires for electric motors, transformers, and related electrical applications. Established in 1979, the company holds the third-largest position in domestic magnet wire manufacturing while commanding a significant international export presence. Its specialized expertise in wire production, manufacturing capabilities, and established global distribution network distinguish it within India's industrial sector.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.