Mahindra & Mahindra Limited
UTI Mutual Fund increased its stake in Mahindra & Mahindra Limited from 1.72% to 1.76%, purchasing 4,75,147 shares.
A diversified automobile manufacturer, Mahindra & Mahindra designs and produces vehicles across multiple segments including two-wheelers, three-wheelers, passenger cars, commercial vehicles, tractors, and earthmoving equipment. The company serves both domestic and international markets through its comprehensive product range. Its vertically integrated operations and broad presence across diverse automotive categories distinguish it as one of India's most diversified automobile manufacturers in the sector.
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.