Mirae Asset Mutual Fund decreased its stake in SKF India Limited from 9.12% to 8.87%, selling 1,23,314 shares.
A leading supplier of rolling bearings, seals, mechatronics, and lubrication systems in India, SKF India operates across industrial and automotive sectors. The company manufactures and distributes precision bearing products and engineered solutions designed for machinery, vehicles, and equipment applications. Its distinctive strength lies in offering integrated product solutions combined with technical expertise to support customer operations and equipment performance across diverse manufacturing and transportation industries.
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.
