Venus Pipes & Tubes Limited
Sundaram Mutual Fund cut its stake in Venus Pipes & Tubes from 1.65% to 1.44%, selling 44,104 shares.
A manufacturer and exporter of stainless steel pipes and tubes, Venus Pipes produces seamless and welded tube products across multiple categories. These include high precision tubes, heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes, and box pipes for diverse industrial applications. The company serves both domestic and international markets with specialized stainless steel pipe solutions and technical expertise.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.