Mahindra & Mahindra Limited
Government Pension Fund Global (Norway) decreased its stake in Mahindra & Mahindra Limited from 1.12% to 1.07% by selling 623,316 shares. The approximate value of the shares sold is ₹212.86 crore, based on the share price of ₹3414.10.
A diversified automobile manufacturer, Mahindra & Mahindra designs and produces vehicles across multiple segments including two-wheelers, three-wheelers, passenger cars, commercial vehicles, tractors, and earthmoving equipment. The company serves both domestic and international markets through its comprehensive product range. Its vertically integrated operations and broad presence across diverse automotive categories distinguish it as one of India's most diversified automobile manufacturers in the sector.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.