Fidelity increased its stake in JK Cement Limited from 5.90% to 6.35%, acquiring 346,594 shares for approximately ₹180.89 Cr at ₹5215.50 apiece.
A cement manufacturer with over four decades of experience in producing and selling cement and cement-related products across India. The company operates as part of the JK Organisation, a diversified industrial conglomerate with interests spanning multiple sectors including infrastructure and construction materials. It focuses on cement production, distribution, and related offerings, serving construction and infrastructure markets throughout the country.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.