Balkrishna Industries Limited
SBI Mutual Fund increased its stake in Balkrishna Industries from 2.41% to 3.45%, purchasing 19,95,471 shares.
A specialist manufacturer of off-highway tyres for agricultural, construction, industrial, mining, and port applications. Balkrishna Industries has operated since 1987, focusing exclusively on niche segments including earthmoving, ATV, and gardening tyres. The company designs and produces tyres engineered for demanding terrain and heavy-duty operations. It serves customers across India and international markets through its dedicated expertise in non-road tyre manufacturing and technical innovation.
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.