ESAB India Limited
SBI Mutual Fund decreased its stake in ESAB India Limited from 6.56% to 6.38% by selling 27,842 shares. The value of the sold shares is ₹15.86 Cr at ₹5694.50 apiece.
A leading supplier of welding and cutting products in India, ESAB India serves industrial customers across manufacturing, construction, and infrastructure sectors. The company manufactures and distributes welding equipment, consumables, and cutting solutions for metal fabrication and structural applications. As a subsidiary of ESAB Group, it operates within a global industrial equipment manufacturer with established expertise in welding technology and metal joining solutions for diverse industries.
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.