SBI Mutual Fund trimmed its stake in Kalpataru Projects International from 9.11% to 8.54%. The fund sold 9,61,142 shares during the period, bringing its total holding down to 1,45,89,095 shares.
A global engineering, procurement, and construction company, Kalpataru Projects International delivers complex infrastructure projects across power transmission and distribution, oil and gas pipelines, railways, and biomass-based power generation. The company operates internationally with deep technical expertise and execution capabilities. Its diversified business portfolio spanning multiple critical infrastructure sectors and global presence distinguish it as a comprehensive EPC solutions provider in India's industrial landscape.
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.
