Star Cement Limited
SBI Mutual Fund trimmed its stake in Star Cement Limited from 2.43% to 2.26%, selling 7,18,879 shares.
A leading cement manufacturer engaged in the production and sale of cement clinker and cement products across north-eastern and eastern India. Star Cement operates as the largest cement producer in the north-east region, serving construction and infrastructure demands throughout the area. The company maintains a strong regional presence through its manufacturing facilities and established distribution network across multiple states.
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.