DSP Mutual Fund trimmed its stake in Rolex Rings from 3.13% to 2.99%, selling 6,62,639 shares.
A leading manufacturer of forged and machined components, this company specializes in producing hot rolled forged bearing rings and automotive parts for diverse industrial applications. It serves global customers across automotive, industrial machinery, wind turbine, and railway sectors. Ranking among India's top five forging companies, it maintains vertically integrated production capabilities for complex precision components and remains a key supplier to multiple industrial segments.
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.
