SBI Mutual Fund sold 54,158 shares of Rallis India Limited in the open market, reducing its stake from 5.14% to 5.11%.
A Tata Group company with over 150 years of history, Rallis India manufactures agrochemicals and operates across the complete agricultural inputs value chain, ranging from seeds to organic plant growth nutrients. The company distinguishes itself through contract manufacturing services for global corporations, establishing a diversified presence in India's agriculture and chemicals sectors.
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.