ZF Commercial Vehicle Control Systems India Limited
SBI Mutual Fund cut its stake in ZF Commercial Vehicle Control Systems India Limited from 6.82% to 6.42%, selling 4,50,229 shares.
A leading provider of advanced braking systems and air-assisted technologies for commercial vehicles in India, operating under the ZF WABCO brand as part of ZF Group's Commercial Vehicle Control Systems Division. The company manufactures conventional braking products and develops software solutions for the automotive sector. Headquartered in Chennai, it holds the dominant market position in braking systems and related control technologies across India's commercial vehicle industry.
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.