American Funds (Capital Group) increased its stake in Blackbuck Limited from 4.18% to 4.34%, buying 302,889 shares. The transaction value is approximately ₹17.67 Cr, calculated at a share price of ₹583.35.
A digital trucking platform incorporated in 2015, Blackbuck operates an integrated marketplace connecting truck operators with logistics customers across India. The company offers load matching services, real-time vehicle tracking through telematics technology, digital payment solutions, and vehicle financing options. Its platform streamlines operations and reduces friction for small and medium-sized trucking businesses in the country's transport and logistics sector.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
