Elgi Equipments Limited
SBI Mutual Fund raised its stake in Elgi Equipments from 6.38% to 6.53%, purchasing 5,03,469 shares. The fund house now holds 2,07,07,526 shares of the company.
A manufacturer and supplier of air compressors and automotive equipment, Elgi Equipments operates through a diversified portfolio serving industrial, commercial, and automotive sectors across India and globally. Established in 1960, the company designs and produces compressed air systems, pumps, diesel engines, and related machinery while providing comprehensive after-sales service support to its customers. The company maintains a vertically integrated manufacturing operation with multiple facilities.
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.