Nippon India Mutual Fund trimmed its stake in Sansera Engineering from 2.84% to 1.46%, selling 8,59,035 shares.
An engineering-led manufacturer of precision engineered components serving automotive and non-automotive sectors globally. The company produces complex forged and machined components for vehicle makers, while supplying critical precision components to aerospace, off-road, agricultural, and industrial segments. Its distinctive strength lies in vertically integrated manufacturing capabilities, advanced engineering expertise, and the ability to deliver complex, mission-critical components across diverse industrial applications and markets.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
