Tata Steel Limited
UTI Mutual Fund increased its stake in Tata Steel from 1.29% to 1.46%, purchasing 2,22,63,163 shares.
Asia's first integrated private steel company, Tata Steel operates across the entire value chain from mining iron ore and coal to producing and distributing finished steel products. Established in 1907, the company maintains a vertically integrated business model spanning exploration, processing, manufacturing, and distribution. It serves automotive, construction, infrastructure, and industrial sectors across India and internationally, leveraging its diversified operations and technical expertise.
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.