Sundaram Clayton Limited
SBI Mutual Fund decreased its stake in Sundaram Clayton from 9.64% to 9.62% by selling 4,000 shares. The transaction was valued at approximately ₹55.73 lakhs, based on the share price of ₹1393.30.
A manufacturer of automotive components established in 1962, Sundaram Clayton designs and produces precision-engineered parts for commercial vehicles, passenger cars, and industrial applications across multiple sectors. The company operates through several manufacturing facilities and serves both domestic and international customers with a diversified product portfolio. Sundaram Clayton is recognized for its engineering capabilities, quality standards, and technical expertise in the auto components industry.
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.