Astral Limited
SBI Mutual Fund increased its stake in Astral Limited from 2.06% to 3.24%, purchasing 31,68,386 shares.
A manufacturer of plumbing and drainage systems established in 1996, this company produces piping solutions and fittings designed for Indian residential and commercial infrastructure needs. Beyond its core plumbing business, it has expanded into adhesive products, serving multiple sectors across the country with engineered polymer-based solutions for water management and construction applications.
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.