Dalmia Bharat Limited
Kotak Mutual Fund decreased its stake in Dalmia Bharat Limited from 6.34% to 6.20%, selling 2,67,215 shares.
A major cement manufacturer in India, Dalmia Bharat produces and sells cement for construction and infrastructure applications across the country. Founded in 1939, the company operates multiple manufacturing facilities and ranks among India's leading cement producers by installed capacity. The company serves diverse customer segments including construction, infrastructure, and industrial sectors through its vertically integrated operations and distribution network.
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.