L&T Technology Services Limited
SBI Mutual Fund reduced its stake in L&T Technology Services Limited from 1.68% to 1.09%, selling 6,17,482 shares. The transaction is valued at approximately ₹222.99 crore based on the share price of ₹3,611.30.
An engineering and technology services company that provides design, development, testing, and maintenance solutions across industrial products and processes for global clients. Operating as a subsidiary of Larsen & Toubro, the company serves manufacturers and infrastructure sectors by combining engineering expertise with advanced technology platforms. Incorporated in 2012, it delivers integrated technical services spanning product lifecycle management and process optimization across 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.