Kotak Mutual Fund trimmed its stake in Bharat Forge from 3.18% to 3.16%, selling 102,575 shares at ₹2145.60 apiece.
A leading manufacturer of forged and machined components for the automotive and industrial sectors, Bharat Forge produces critical parts used in engines, transmissions, and suspension systems across vehicles. The company operates advanced forging facilities that serve both domestic and international markets, with comprehensive capabilities spanning design, manufacturing, and precision machining. Its integrated production processes and engineering expertise enable it to deliver high-quality components to major automobile manufacturers and industrial equipment producers globally.
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.
