Sundaram Mutual Fund's stake in CEAT Limited rose to 1.02%, up from under 1%, holding 4,14,441 shares as of the latest shareholding filing.
One of India's largest tyre manufacturers, CEAT produces a comprehensive range of tyres for two-wheelers, four-wheelers, and commercial vehicles. Established in 1958 and part of the RPG Group since 1982, the company focuses on innovation, quality, and sustainability across its product portfolio. CEAT serves both domestic and export markets, positioning itself among the fastest-growing tyre companies in India with a strong manufacturing and distribution network.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.
