SBI Mutual Fund increased its stake in The Ramco Cements Limited from 2.16% to 3.12%, acquiring 2,267,933 shares. Their total holding is now 7,376,903 shares. The value of the shares bought was approximately ₹208.6 Cr at a share price of ₹919.75.
A cement manufacturer producing cement, Ready Mix Concrete, and dry mortar products for the Indian construction and infrastructure sectors. The company operates multiple integrated production facilities across India and serves domestic builders, contractors, and infrastructure developers. Ramco combines cement manufacturing with specialized construction materials, focusing on quality products and customer service to meet diverse requirements in India's growing construction market.
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.
