Bharat Forge Limited
SBI Mutual Fund decreased its stake in Bharat Forge from 2.92% to 2.40%, selling 2,494,429 shares worth ₹546.41 Cr at ₹2190.50 apiece.
A leading manufacturer of forged and machined components for the automotive and industrial sectors, Bharat Forge produces critical parts used in engines, transmissions, and suspension systems across vehicles. The company operates advanced forging facilities that serve both domestic and international markets, with comprehensive capabilities spanning design, manufacturing, and precision machining. Its integrated production processes and engineering expertise enable it to deliver high-quality components to major automobile manufacturers and industrial equipment producers globally.
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.