Kajaria Ceramics Limited

American Funds (Capital Group) entered Kajaria Ceramics with 27,58,096 shares, a 1.73% stake. The position is worth ₹341.85 Cr at ₹1239.50 apiece.

India's largest manufacturer of ceramic and vitrified tiles, Kajaria Ceramics produces a comprehensive range of tiles for residential, commercial, and institutional applications across the country. The company operates integrated manufacturing facilities at multiple locations and distributes its products through an extensive dealer network. Its significant scale and advanced production capabilities position it among the world's leading tile manufacturers in terms of capacity and reach.

India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.