Elin Electronics Limited
SBI Mutual Fund decreased its stake in Elin Electronics Limited from 3.49% to 1.51%, selling 982,205 shares worth ₹10.64 crore at ₹108.30 apiece.
A manufacturer of electronic components and assemblies, Elin Electronics provides electronics manufacturing services to various industries including household appliances. Incorporated in 1982, the company specializes in producing consumer electronic products for domestic and international markets. The firm operates as a contract manufacturer, offering design support, engineering capabilities, and end-to-end production solutions to clients across multiple sectors and 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.