Torrent Power Limited
SBI Mutual Fund increased its stake in Torrent Power from 9.00% to 9.57%, acquiring 29,06,962 shares.
A leading integrated power utility company operating across generation, transmission, and distribution of electricity in India. Torrent Power serves residential, commercial, and industrial customers in Gujarat, Maharashtra, Uttar Pradesh, and Karnataka through its vertically integrated operations. The company manages the complete power supply chain from production to final delivery, providing reliable energy solutions across multiple states and customer segments.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.