Aditya Birla Sun Life Mutual Fund increased its stake in Bharat Forge from 1.25% to 1.35%, raising its shareholding from 5,957,303 to 6,467,093 shares. The additional 509,790 shares are valued at ₹109.38 crore based on a share price of ₹2145.60.
A leading manufacturer of forged and machined components for the automotive and industrial sectors, Bharat Forge produces critical parts used in engines, transmissions, and suspension systems across vehicles. The company operates advanced forging facilities that serve both domestic and international markets, with comprehensive capabilities spanning design, manufacturing, and precision machining. Its integrated production processes and engineering expertise enable it to deliver high-quality components to major automobile manufacturers and industrial equipment producers globally.
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.
