Bajaj Finserv Mutual Fund increased its stake in KNR Constructions Limited from 1.58% to 1.87% by purchasing 801,423 shares, with the holding now totaling 5,246,575 shares.
A Hyderabad-based infrastructure company providing engineering, procurement, and construction services across roads, highways, irrigation, and urban water infrastructure projects. Established in 1995, the company specializes in end-to-end project execution and infrastructure development. KNR Constructions focuses on delivering integrated EPC solutions for transportation and water management sectors across India, combining technical expertise with project management capabilities to serve government and private sector clients.
AMC subsidiary of Bajaj Finserv, India's leading non-banking financial services conglomerate. Launched in 2023 with an aggressive passive-first strategy, offering index funds and ETFs at competitive expense ratios to challenge incumbents in the rapidly growing passive segment. One of the fastest-growing new entrants in the AMC space with strong distribution from Bajaj Finserv's vast financial services network.
