Sundram Fasteners Limited
SBI Mutual Fund raised its stake in Sundram Fasteners from 9.24% to 9.47%, acquiring 4,79,129 shares.
A manufacturer of high-precision fasteners and powertrain components serving the automotive, infrastructure, windmill, and aviation sectors. Part of the TVS Group of Companies, the company specializes in producing critical components that meet stringent quality and performance standards. Its vertically integrated operations enable consistent delivery of specialized fastening solutions to demanding industrial applications across multiple markets and geographies.
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.