Axis Mutual Fund decreased its stake in Syrma SGS Technology from 1.61% to 1.54%, selling 140,399 shares for ₹20.09 crore at ₹1431.70 apiece.
A Chennai-based electronics manufacturing services company providing engineering, design, and manufacturing solutions to industrial clients across multiple sectors. Syrma SGS Tech specializes in delivering customized electronics products and integrated services, combining technical expertise with advanced manufacturing capabilities. The company serves both domestic and international markets, offering end-to-end solutions from concept development through production and support.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
