Guj.St.Petronet
SBI Mutual Fund bought 29,77,296 shares of Guj.St.Petronet for ₹86.03 Cr at ₹288.95 apiece on May 8, 2026, increasing its stake from 4.77% to 5.30% and crossing the 5% disclosure threshold.
A government-owned enterprise primarily engaged in the transmission of natural gas through an extensive pipeline network across Gujarat. The company operates city gas distribution systems serving residential and commercial consumers, while also generating electricity through wind energy facilities. Its integrated business model spans natural gas infrastructure, last-mile distribution services, and renewable power generation.
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.