SKF India (Industrial) Limited
SBI Mutual Fund reduced its stake in SKF India (Industrial) Limited from 2.33% to 2.18%, selling 75,869 shares.
A manufacturer of rolling bearings, seals, mechatronics, and lubrication systems, SKF India Industrial operates as a subsidiary of the Swedish multinational SKF Group. The company supplies bearings and integrated solutions to automotive, industrial machinery, and engineering sectors across India. Its product portfolio encompasses precision bearings, mechanical seals, and lubrication systems designed for demanding industrial applications and equipment performance requirements.
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.