Kirloskar Oil Engines Limited
Axis Mutual Fund increased its stake in Kirloskar Oil Engines Limited from 1.19% to 1.88%, purchasing 10,12,375 shares.
A manufacturer of diesel engines, diesel generator sets, and pump sets across diesel, petrol, and kerosene variants for multiple industries. Kirloskar Oil Engineers serves agriculture, power generation, and industrial sectors through manufacturing facilities located in Pune, Kagal, and Nashik. The company is a flagship entity of the Kirloskar group with established expertise in engine and pump technology spanning several decades of operations.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.