Suprajit Engineering Limited
Axis Mutual Fund acquired 13,80,879 shares of Suprajit Engineering Limited, representing a 1.01% stake. The position is valued at ₹68.73 Cr at a share price of ₹497.75.
A manufacturer of automotive cables, components, and lighting solutions serving vehicle manufacturers and industrial sectors. Suprajit Engineering produces halogen lamps, LED drop-in lighting solutions, and mechanical components including seat latches, steering locks, and headrest mechanisms for automobiles. The company also manufactures specialized non-automotive cables and components for diverse industrial applications, serving both domestic and international markets across multiple regions.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.