Shree Cement Limited
SBI Mutual Fund decreased its stake in Shree Cement Limited from 5.34% to 5.19%, selling 56,212 shares. The value of the reduced stake is approximately ₹149.5 Cr, based on a share price of ₹26615.00.
A major cement producer in India, this company manufactures and distributes cement and cement-related products to construction, infrastructure, and industrial sectors. Operating multiple manufacturing facilities across the country, it is recognized for efficient production processes and competitive cost structures. The company serves customers through an established distribution network and maintains a strong presence in the Indian cement 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.