SBI Mutual Fund decreased its stake in Samvardhana Motherson International Limited from 2.65% to 2.13% by selling 55,472,599 shares. The value of the sold shares is approximately ₹937.54 crore, calculated at a share price of ₹169.00.
A manufacturer of automotive components and systems serving original equipment manufacturers across India. Motherson Sumi Systems specializes in producing precision-engineered parts including electrical systems, fuel systems, and interior components for the automotive industry. The company operates as a vertically integrated enterprise, combining advanced manufacturing capabilities with robust supply chain infrastructure to deliver components to major domestic and international vehicle manufacturers consistently.
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.
