Crompton Greaves Consumer Electricals Limited
Kotak Mutual Fund increased its stake in the company from 2.68% to 2.88%, purchasing 12,96,657 shares.
A leading consumer electricals company in India with over 75 years of brand heritage, Crompton Greaves operates through two main segments: lighting and electrical consumer durables. The company markets products under the Crompton brand across India and select export markets, serving households with appliances ranging from fans and pumps to lighting solutions. Operating under professional management as an independent entity, it maintains a strong presence in the domestic consumer cyclical sector.
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.