JK Cement Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in JK Cement Limited from 1.53% to 1.45% by selling 61,761 shares. The value of the sold shares was approximately ₹32.21 crore at ₹5215.50 apiece.
A cement manufacturer with over four decades of experience in producing and selling cement and cement-related products across India. The company operates as part of the JK Organisation, a diversified industrial conglomerate with interests spanning multiple sectors including infrastructure and construction materials. It focuses on cement production, distribution, and related offerings, serving construction and infrastructure markets throughout the country.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.