SBI Mutual Fund decreased its stake in G R Infraprojects Limited from 7.47% to 5.34%, selling 2,056,234 shares worth ₹180.75 Cr at ₹879.10 apiece.
An integrated road engineering, procurement, and construction company that designs and builds highway projects across India. G R Infraprojects undertakes civil construction infrastructure primarily on EPC and BOT models in the road sector. The company brings extensive experience from delivering projects spanning fifteen states since its establishment in 1995, positioning itself as a specialist in road and highway development.
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.
