Craftsman Automation Limited
Aditya Birla Sun Life Mutual Fund increased its stake in Craftsman Automation Limited from 1.41% to 1.79%, buying an additional 132,336 shares. The value of the additional shares is ₹136.79 crore, based on a share price of ₹10338.50. This increase follows Craftsman Automation's Qualified Institutional Placement (QIP) in June 2026, where several mutual funds and insurance schemes, including Aditya Birla Sun Life, received allocations.
A precision manufacturing company that produces components and sub-assemblies for the automotive, industrial, and engineering sectors on a supply and job-work basis. Operating since 1986 from its Coimbatore headquarters, the company has established itself as a leader in precision manufacturing across diverse fields. It operates 12 manufacturing plants, including 10 satellite units, spread throughout India to serve clients with custom-built solutions tailored to their specifications.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.