Wendt (India) Limited
Mirae Asset Mutual Fund increased its stake in Wendt (India) Limited from 2.43% to 2.74%, purchasing 6,110 shares.
A manufacturer of super abrasives, machining tools, and precision components serving diverse industrial sectors across India. Wendt India supplies specialized grinding and honing machines, abrasive tooling solutions, and custom precision parts to automotive, aerospace, defense, and engineering customers. The company is distinguished by its technical expertise in abrasive technology and commitment to precision manufacturing for applications demanding high-performance cutting and grinding capabilities.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.