ITC Limited
SBI Mutual Fund increased its stake in ITC Limited from 3.29% to 3.36%, buying 8,511,629 shares. The value of the additional shares is ₹229.54 crore, based on ITC's share price of ₹269.70.
India's largest cigarette manufacturer, ITC operates across four major business segments including FMCG cigarettes, other consumer goods, paperboards and packaging, and agribusiness. Established in 1910, the company has built a diversified portfolio spanning tobacco products, food and personal care items, paper manufacturing, and agricultural inputs. Its vertically integrated approach across consumer, industrial, and agricultural sectors distinguishes it within India's business 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.