Kajaria Ceramics Limited
Franklin Templeton Mutual Fund increased its stake in Kajaria Ceramics from 1.97% to 2.27%, adding 4,71,585 shares for approximately ₹58.2 Cr.
India's largest manufacturer of ceramic and vitrified tiles, Kajaria Ceramics produces a comprehensive range of tiles for residential, commercial, and institutional applications across the country. The company operates integrated manufacturing facilities at multiple locations and distributes its products through an extensive dealer network. Its significant scale and advanced production capabilities position it among the world's leading tile manufacturers in terms of capacity and reach.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.