Eicher Motors Limited
UTI Mutual Fund trimmed its stake in Eicher Motors from 1.34% to 1.11%, selling 6,29,112 shares.
A leading Indian automobile manufacturer engaged in the design and production of middleweight motorcycles, commercial vehicles, and auto components. The company operates through its core motorcycle business and a joint venture with Sweden's AB Volvo for truck and bus manufacturing. Known for its dominant global position in the middleweight motorcycle segment and comprehensive commercial vehicle operations across India and international markets.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.