Power Mech Projects Limited
SBI Mutual Fund increased its stake in Power Mech Projects Limited from 2.24% to 2.47%, purchasing 70,683 shares.
An engineering and construction company providing integrated services in the erection, testing and commissioning of boilers, turbines and generators for thermal power projects. The company specializes in balance of plant work, civil construction and operation and maintenance services. It undertakes ultra mega power projects, super critical thermal power projects and sub critical power installations across India.
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.