Bharat Heavy Electricals Limited

SBI Mutual Fund decreased its stake in Bharat Heavy Electricals Limited from 2.17% to 1.32% by selling 29,528,747 shares. The value of the shares sold is approximately ₹1,215 Cr based on the current share price of ₹411.40.

An integrated power plant equipment manufacturer, Bharat Heavy Electricals designs, engineers, and manufactures a wide range of equipment for power generation, transmission, industry, transportation, renewable energy, oil and gas, and defence sectors. As India's flagship government-owned engineering and manufacturing company, it provides comprehensive services including erection, testing, commissioning, and long-term maintenance across its diverse product portfolio serving critical infrastructure development.

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.