Jyoti CNC Automation Limited
Kotak Mutual Fund decreased its stake in Jyoti CNC Automation from 3.05% to 2.84%, selling 4,76,914 shares for ₹37.42 Cr at ₹784.90 apiece.
A leading manufacturer of simultaneous 5-axis CNC machines in India, Jyoti CNC Automation designs and produces precision machine tools for aerospace, defence, auto components, and general engineering sectors. The company brings decades of expertise in advanced CNC technology and serves diverse industrial customers across multiple critical industries with specialized solutions for complex machining applications.
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.