Tube Investments of India Limited
UTI Mutual Fund's name is missing from Tube Investments of India Limited's latest shareholder list, signifying that the investor either exited entirely or trimmed its previous 1.09 percent stake below the 1 percent reporting threshold.
A diversified manufacturer serving India's automotive, railway, construction, mining, and agricultural sectors through engineered products and components. Tube Investments operates three core business verticals: engineering, metal formed products, and bicycles. The company has strategically expanded into TMT bars, truck body building, and automotive vision systems, establishing itself as a vertically integrated industrial manufacturer with a broad portfolio across multiple industries.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.