Eureka Forbes Limited
WhiteOak Capital Mutual Fund increased its stake in Eureka Forbes Limited from 1.04% to 1.18%, buying 2,73,827 shares. The fund now holds 22,83,311 shares.
India's leading health and hygiene brand, Eureka Forbes manufactures and distributes water purification, vacuum cleaning, and air purification appliances for residential and commercial customers. The company operates through direct sales, retail partnerships, and service networks across the country. Its distinctive strength lies in offering integrated wellness solutions that address multiple household needs while maintaining a strong focus on product quality and customer service.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.