Kotak Mutual Fund decreased its stake in Dixon Technologies (India) Limited from 2.85% to 2.35%, selling 3,01,307 shares.
An electronic manufacturing services company that designs and produces consumer electronics, mobile phones, lighting products, home appliances, and CCTV cameras for domestic and international markets. Dixon Technologies operates reverse logistics operations and manufactures security surveillance equipment, wearables, and audio-visual components. The company recently formed a joint venture to develop and manufacture wireless audio solutions in India, expanding its product portfolio.
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.
