CEAT Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in CEAT Limited from 1.34% to 1.27%, selling 29,561 shares. The value of the reduced stake is ₹9.88 crore at ₹3345.50 per share.
One of India's largest tyre manufacturers, CEAT produces a comprehensive range of tyres for two-wheelers, four-wheelers, and commercial vehicles. Established in 1958 and part of the RPG Group since 1982, the company focuses on innovation, quality, and sustainability across its product portfolio. CEAT serves both domestic and export markets, positioning itself among the fastest-growing tyre companies in India with a strong manufacturing and distribution network.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.