Kewal Kiran Clothing Limited
UTI Mutual Fund decreased its stake in Kewal Kiran Clothing from 1.28% to 1.19%, selling 56,800 shares. The transaction was valued at approximately ₹2.86 crore, based on the share price of ₹504.05.
A manufacturer and retailer of branded readymade garments and finished accessories, Kewal Kiran Clothing Limited has served consumers across Asia, the Middle East, and the Commonwealth of Independent States since its incorporation in 1992. The company operates through its own manufacturing facilities and retail distribution channels, focusing on garment production and market expansion. Headquartered in Mumbai, it maintains a diversified international presence across multiple markets and consumer segments.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.