LG Balakrishnan & Bros Limited
Mahindra Manulife Mutual Fund decreased its stake in LG Balakrishnan & Bros Limited from 1.21% to 1.20%, selling 4,000 shares. The value of the remaining shares is ₹59.57 Cr at ₹1558 apiece.
A leading manufacturer of automotive chains, sprockets, and metal formed parts serving the Indian and global automotive industry. The company operates through transmission and metal forming business segments, supplying critical drivetrain components to original equipment manufacturers and aftermarket customers. With specialized expertise in precision engineering and component manufacturing, it delivers high-quality solutions for vehicle powertrains and mechanical systems.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.