Engineers India Limited
Kotak Mutual Fund increased its stake in Engineers India Limited from 3.75% to 4.19%. The fund purchased 24,52,070 shares, raising its total holding to 2,35,30,731 shares.
A central public sector undertaking operating under the Ministry of Petroleum and Natural Gas, Engineers India provides comprehensive engineering consultancy and project execution services. The company undertakes turnkey contracts across the energy, refining, and infrastructure sectors, delivering integrated solutions spanning design, engineering, procurement, and construction. Its distinctive strength lies in managing complex, large-scale projects requiring specialized technical expertise and end-to-end project delivery capabilities in challenging environments.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.