Indraprastha Gas Limited
SBI Mutual Fund increased its stake in Indraprastha Gas Limited from 1.20% to 1.35%, acquiring 21,12,896 shares. The value of these additional shares is approximately ₹32.25 crore at ₹153.07 apiece.
A city gas distributor established in 1998, Indraprastha Gas Limited supplies compressed natural gas, piped natural gas, and liquefied petroleum gas across the National Capital Territory and surrounding regions. The company operates as a key energy infrastructure provider, serving residential, commercial, and industrial customers across Delhi, Noida, Gurugram, Kanpur, Meerut, and other northern cities. It plays an important role in energy distribution across its service areas.
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.