Kross Limited
Kotak Mutual Fund raised its stake in Kross Limited from 1.97% to 2.08% by purchasing 70,000 shares.
A manufacturer of high-performance and safety-critical components for the commercial vehicle, tractor, and trailer axle industry, Kross Limited serves as a key supplier to major automotive manufacturers across India. Incorporated in 1991, the company specializes in producing precision-engineered axle components that consistently meet stringent quality and safety standards required by the industry. Its focused approach to the commercial vehicle segment positions it as a specialized and reliable player in the automotive supply chain.
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.