Ashok Leyland Limited
Government Pension Fund Global (Norway) raised its stake in Ashok Leyland Limited from 1.31% to 1.32%, buying 6,14,064 shares.
A leading manufacturer of medium and heavy commercial vehicles, the company operates through a vertically integrated manufacturing setup with a strong brand presence. It maintains an extensive distribution and service network across India and operates in fifty countries globally. Headquartered in Chennai, the company also runs driver training institutes that have trained over eight hundred thousand drivers since its inception.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.