CESC Limited
SBI Mutual Fund increased its stake in CESC Limited from 6.18% to 7.49%, acquiring 17,358,693 additional shares. The value of the increased stake is approximately ₹286.60 Cr based on the last closing price of ₹165.10.
An integrated power utility operating in India's eastern region, CESC Ltd generates and distributes electricity to residential, commercial, and industrial customers across its service areas. The company operates thermal and renewable power generation facilities alongside its distribution network infrastructure. With over four decades of operational experience, it manages the complete electricity value chain from power generation through transmission and last-mile consumer delivery services.
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.