ASK Automotive Limited
SBI Mutual Fund increased its stake in ASK Automotive Limited from 4.11% to 4.23%, purchasing 2,40,000 shares.
A manufacturer of advanced braking systems for two-wheelers in India, ASK Automotive specializes in developing and producing high-performance brake components since its incorporation in 1988. The company focuses on delivering safety-critical automotive solutions to the two-wheeler segment, serving both domestic and international markets. Its core expertise lies in braking technology innovation, precision engineering, and manufacturing for the motorcycle and scooter industry across multiple platforms.
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.