SBI Mutual Fund decreased its stake in Sanathan Textiles Limited from 4.52% to 4.36% by selling 1,39,305 shares.
A textile manufacturer that produces polyester yarn, cotton yarn, and specialized yarn for technical textile applications. Incorporated in 2005, the company serves both domestic and international markets through its manufacturing and export operations. Sanathan Textiles operates across multiple yarn categories, catering to diverse industrial and consumer textile needs across various end-use sectors. The company maintains a focus on quality production and reliable supply to its customer base.
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.
