Vanaja Sundar Iyer increased her stake in SML Mahindra Limited from 1.76% to 1.87% by buying 14,768 shares. The current market value of her increased stake is approximately ₹1.4 Cr based on the latest share price of ₹5,172.00.
A manufacturer of commercial vehicles and light commercial vehicles in India, SML Mahindra produces trucks and utility vehicles through technical collaboration with Isuzu Motors of Japan. The company leverages Japanese engineering expertise to design and assemble vehicles for the Indian commercial transport sector. Established in 1983 with roots in tractor manufacturing, it operates as a joint venture with significant stakeholder involvement from Japanese partners including Sumitomo Corporation and Isuzu Motors.
Compared frequently to Dolly Khanna, for good reason. Vanaja Sundar Iyer quietly builds positions in manufacturing, automotive, industrials, chemicals, and real estate that India's fund managers don't own. Her ~₹888-1,198 Cr disclosed portfolio includes Tanfac Industries, Vesuvius India, and Force Motors, a track record of multi-year multibaggers in deeply under-followed companies. Chennai-based. No hype, just performance.