Kotak Mahindra MF sells 0.4 percent stake in JK Cement
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts more than Nifty Midcap 150 and 2.7 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kotak Mahindra Mutual Fund sold 304,671 equity shares (0.395%) of JK Cement on October 1, 2026, via open market. Its holding fell from 3.19% (24,67,528 shares) to 2.80% (21,62,857 shares). KMMF is not classified as a promoter. Disclosure filed under SEBI SAST Regulation 29(2).
Minor institutional trimming. Stake down from 3.19 percent to 2.80 percent. Limited impact on stock sentiment.