Prism Johnson Limited
SBI Mutual Fund increased its stake in Prism Johnson Limited from 5.92% to 6.38%, acquiring 23,23,609 shares. The additional stake is valued at approximately ₹25.53 crore based on the company's share price of ₹109.85.
One of India's largest integrated building materials companies, Prism Johnson manufactures and supplies cement, ready-mixed concrete, tiles, sanitaryware, and bath fittings across residential and commercial construction sectors. Established in 1992, the company operates a vertically integrated business model with manufacturing facilities and distribution networks spanning multiple regions. Its diversified product range and infrastructure capabilities distinguish it in the building materials industry.
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.