Bharat Electronics Limited
SBI Mutual Fund increased its stake in Bharat Electronics Limited from 2.05% to 2.13%, purchasing 55,89,708 shares.
A defence electronics manufacturer incorporated in 1954, Bharat Electronics Limited designs, manufactures, and supplies advanced electronic equipment and systems for India's defence sector. The company operates multiple production facilities across different regions and maintains a selective presence in civilian markets. Its core expertise encompasses defence-grade electronics, radar systems, and integrated defence solutions for military applications.
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.