Kotak Mahindra Group made strategic investments in Q2, acquiring fresh stakes in several promising stocks. As per the latest filings, the group publicly holds 187 stocks, valued at over ₹270,482.8 crore, indicating strong market confidence.
For investors, it’s crucial to track these holdings. With Kotak Mahindra Group’s substantial investments, these companies offer growth potential. Stay informed about their performance and market trends to make well-informed investment decisions.
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Deepak Nitrite
On December 27, 2024, Deepak Nitrite Ltd opened at ₹2,567.50, down 0.15% from its previous close of ₹2,571.35. The stock reached a high of ₹2,602.40 and a low of ₹2,567.50. By 4:01 PM, it traded at ₹2,582.00, a 0.41% increase, with a market cap of ₹35,216.68 crore.
In Q2, Kotak Mahindra Group acquired a fresh 2.2% stake in Deepak Nitrite Ltd. worth ₹776.5 crore, purchasing 2,992,468 shares. This investment highlights the group’s confidence in the company’s growth prospects.
Deepak Nitrite Ltd (NSE: DEEPAKNTR) is a leading chemical manufacturer with a diverse portfolio of intermediates. It operates in multiple industries globally, with manufacturing facilities in India and exports to over 45 countries.
Zen Technologies
On December 27, 2024, Zen Technologies Ltd opened at ₹2,465.10, down 0.16% from its previous close of ₹2,465.00. The stock reached a high of ₹2,476.55 and a low of ₹2,351.00. By 4:00 PM, it traded at ₹2,405.45, a 2.42% decrease, with a market cap of ₹21,718.89 crore.
In Q2, Kotak Mahindra Group acquired a fresh 3.2% stake in Zen Technologies Ltd. worth ₹740.4 crore, purchasing 2,873,205 shares. This investment signals the group’s belief in Zen Technologies’ potential for growth and innovation.
Zen Technologies Ltd (NSE: ZENTEC) specializes in designing and manufacturing advanced simulators for defense, police, and paramilitary forces. With over 170 simulators supplied, the company serves clients across India and Southeast Asia, with a manufacturing unit in Telangana.
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Metro Brands
On December 27, 2024, Metro Brands Ltd opened at ₹1,213.80, up 0.32% from its previous close of ₹1,209.95. The stock reached a high of ₹1,303.30 (7.71%) and a low of ₹1,213.80. By 4:00 PM, it traded at ₹1,245.25, a 2.92% increase, with a market cap of ₹33,878.64 crore.
In Q2, Kotak Mahindra Group bought a fresh 2.3% stake in Metro Brands Ltd., worth ₹783.9 crore, acquiring 6,185,890 shares. This investment highlights confidence in Metro Brands’ market potential and growth trajectory.
Metro Brands Ltd (NSE: METROBRANDS) is a leading Indian retailer specializing in fashion footwear, bags, and accessories. It offers products under its own brands like Metro, Mochi, Walkway, and third-party brands such as Crocs and Skechers.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
