DSP Mutual Fund decreased its stake in R R Kabel Limited from 1.83% to 1.51%, selling 360,599 shares for ₹82.72 Cr at ₹2293.30 apiece.
A manufacturer of consumer electrical products serving residential, commercial, industrial, and infrastructure markets across India. RR Kabel operates through two main segments: wires and cables, including house wires, industrial wires, power cables, and special cables; and fast-moving electrical goods comprising fans, lighting, switches, and appliances. The company has built a diversified presence in the electrical products sector since its establishment in 1995, catering to varied customer segments and applications.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
