Mahindra Manulife Mutual Fund increased its stake in The Ramco Cements Limited from 1.13% to 1.21%. The fund acquired 2,01,717 shares, taking its total holding to 28,68,618 shares.
A cement manufacturer producing cement, Ready Mix Concrete, and dry mortar products for the Indian construction and infrastructure sectors. The company operates multiple integrated production facilities across India and serves domestic builders, contractors, and infrastructure developers. Ramco combines cement manufacturing with specialized construction materials, focusing on quality products and customer service to meet diverse requirements in India's growing construction market.
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.
