Honeywell Automation India Limited
SBI Mutual Fund decreased its stake in Honeywell Automation India from 6.10% to 5.84%, selling 22,472 shares.
A leading provider of automation and control solutions for industrial applications across India. Honeywell Automation India designs, manufactures, and distributes products for building management, industrial automation, and process control systems. The company serves diverse sectors including oil and gas, power, chemicals, pharmaceuticals, and commercial buildings through its integrated technology offerings and technical support services.
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.