Dixon Technologies (India) Limited
SBI Life Insurance trimmed its stake in Dixon Technologies (India) Limited from 2.04% to 1.89%, selling 91,145 shares. The approximate value of the shares sold is ₹132.89 crore, based on a share price of ₹14570.00.
An electronic manufacturing services company that designs and produces consumer electronics, mobile phones, lighting products, home appliances, and CCTV cameras for domestic and international markets. Dixon Technologies operates reverse logistics operations and manufactures security surveillance equipment, wearables, and audio-visual components. The company recently formed a joint venture to develop and manufacture wireless audio solutions in India, expanding its product portfolio.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.