SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kesoram Industries sells stake worth Rs 429 crore: Report

23 Mar 2016 Evaluate

In order to reduce its debt and improve cash flows, Kesoram Industries has reportedly sold stakes worth Rs 428.53 crore in several listed companies, including Aditya Birla Nuvo and Grasim Industries, through open market transactions. The shares were acquired by Camden Industries, through block deal. Among the companies whose stake were sold are Aditya Birla Fashion and Retail (ABFRL), Ultratech Cement, Century Enka, Century Textiles and Industries (CTT), Mangalam Cement and Mangalam Timber Products.

Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.

Kesoram Industries Share Price

10.60 0.50 (4.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×