American Funds (Capital Group) decreased its stake in Aditya Vision Limited from 8.08% to 7.02%, reducing its holding by 13,63,712 shares. The shares were valued at approximately ₹80.20 crore, calculated at the prevailing share price of ₹588.50.
A specialty retailer operating across Bihar, Aditya Vision engages in trading electronic items and consumer durables through its service-oriented retail chain. Incorporated in 1999, the company focuses on providing customers access to a comprehensive range of electronic products and household appliances across multiple categories. Its distinctive approach centers on personalized customer service and retail presence within the regional market of Bihar.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.