Kaynes Technology India Limited
Nippon India Mutual Fund increased its stake in Kaynes Technology India Limited from 3.56% to 3.82%, buying 1,82,545 shares.
An integrated electronics manufacturing company providing end-to-end solutions and IoT-enabled services across automotive, aerospace, defense, industrial, medical, railways, and IT sectors. Kaynes Technology offers conceptual design, process engineering, integrated manufacturing, and comprehensive lifecycle support to major industry players. The company combines advanced IoT capabilities with vertically integrated contract manufacturing expertise to serve diverse and specialized industrial segments across India.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.