Bharat Heavy Electricals Limited
SBI Mutual Fund trimmed its stake in Bharat Heavy Electricals Limited from 1.32% to 1.01%, selling 1,08,82,756 shares.
An integrated power plant equipment manufacturer, Bharat Heavy Electricals designs, engineers, and manufactures a wide range of equipment for power generation, transmission, industry, transportation, renewable energy, oil and gas, and defence sectors. As India's flagship government-owned engineering and manufacturing company, it provides comprehensive services including erection, testing, commissioning, and long-term maintenance across its diverse product portfolio serving critical infrastructure development.
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.