SBI Mutual Fund increased its stake in JK Cement from 1.02% to 1.16%, purchasing 1,05,068 shares.
A cement manufacturer with over four decades of experience in producing and selling cement and cement-related products across India. The company operates as part of the JK Organisation, a diversified industrial conglomerate with interests spanning multiple sectors including infrastructure and construction materials. It focuses on cement production, distribution, and related offerings, serving construction and infrastructure markets throughout the country.
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.
