SBI Mutual Fund books partial profit in engineering stock that has surged 110% in one year

April 08, 2026 · 3:32 pm IST

The company’s shares have been maintaining a steady upward trend in recent months, breaking multiple record highs, and even during broader market volatility, they have remained resilientAI Quick ReadSBI Mutual Fund, the country’s largest AMC, has announced that it has sold part of its stake in Sansera Engineering through an open market transaction, while continuing to retain a sizable position in the auto ancillary firm.

In its regulatory filing to the exchanges on Tuesday, the fund house said that it sold 21,421 shares, representing 0.0344% of the paid-up capital of Sansera Engineering, through its various schemes on April 2.

Post-sale, SBI Mutual Fund holds 26,27,423 shares, representing 4.2152% of Sansera Engineering’s equity share capital.

“The final holding of SBI Mutual Fund, under its various schemes, as at the close of business hours on April 2, 2026, was 26,27,423 shares, which is 4.2152% of the paid-up share capital of the company,” SBI Mutual Fund said in its regulatory filing.

The fund house has been steadily trimming its ownership in the company, having sold around a 2% stake since October 2024, when it held a 6.24% stake.

At the end of the December quarter (Q3FY26), 18 mutual funds held a collective stake of 26.89% in the company. Key fund houses include DSP Small Cap Fund and Kotak Small Cap Fund, which own 5.70% and 5.55% stakes, respectively, according to the latest Trendlyne shareholding data. SBI Small Cap Fund also holds a 4.77% stake in the company.

The company’s shares have been maintaining a steady upward trend in recent months, breaking multiple record highs, and even during broader market volatility, they have remained resilient. Between May 2025 and February 2026, the stock enjoyed a sustained bull phase, rising from ₹1,083 to ₹2,342, translating into a massive gain of 116%. Over the last one year, it has risen by 110%.

During this period, the stock also touched a fresh record high of ₹2,396 apiece. In terms of yearly performance, it has delivered positive returns for three consecutive years from 2023 to 2025, with 2024 emerging as the strongest year, posting a 46% gain.

Despite market volatility, the stock has further extended its winning momentum into early 2026, gaining 34% so far. The company made its stock market debut in September 2021 and currently trades 202% above its IPO price of ₹744.

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments.
<br><br>
He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom.
<br><br>
During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles.
<br><br>
He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements.
<br><br>
His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.

0 Comments

No comments yet. Be the first to share your opinion!