SKF India (Industrial) Limited
Mirae Asset Mutual Fund reduced its stake in SKF India (Industrial) Limited from 9.88% to 9.45%, selling 2,15,343 shares.
A manufacturer of rolling bearings, seals, mechatronics, and lubrication systems, SKF India Industrial operates as a subsidiary of the Swedish multinational SKF Group. The company supplies bearings and integrated solutions to automotive, industrial machinery, and engineering sectors across India. Its product portfolio encompasses precision bearings, mechanical seals, and lubrication systems designed for demanding industrial applications and equipment performance requirements.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.