SBI Mutual Fund, India's largest Asset Management Company, has announced a partial divestment of its stake in Sansera Engineering. The move comes despite the auto ancillary firm's remarkable market performance, following a massive surge that has seen the stock gain 110% over the past year.
The fund house sold 21,421 shares of Sansera Engineering through an open market transaction on April 2. This transaction represents a minor reduction of the fund's holding, bringing its ownership stake down to 4.2152%.
SBI Mutual Fund Divests Stake in Sansera Engineering
The regulatory filing confirmed the sale of 21,421 shares, which accounted for 0.0344% of the company's paid-up capital. Following the divestment, SBI Mutual Fund's stake stands at 26,27,423 shares, representing 4.2152% of the equity share capital.This sale marks the continuation of a pattern of stake trimming by the fund house. SBI Mutual Fund has systematically reduced its ownership, having sold an estimated 2% stake since October 2024.
Sansera Engineering’s Stellar Rally Fuels Market Attention
Sansera Engineering's shares have been noted for their resilient upward trajectory, consistently breaking record highs even amidst general market volatility. The stock exhibited a sustained bull phase between May 2025 and February 2026.During this peak period, the stock climbed from ₹ 1,083 to ₹ 2,342, marking a substantial gain of 116%. Over the last year alone, the stock has posted a gain of 110%.
Year-on-year performance data highlights the momentum, as the stock delivered positive returns for three straight years from 2023 to 2025. In fact, 2024 was the strongest year, posting a 46% gain.
Major Fund Houses Maintain Watch on Auto Ancillary Stock
The company, which debuted on the stock market in September 2021, currently trades 202% above its IPO price of ₹ 744. This remarkable run continues into 2026, with the stock gaining 34% so far this year.For context, at the close of the December quarter (Q3FY26), 18 mutual funds held a collective stake of 26.89% in the company. Key players such as DSP Small Cap Fund and Kotak Small Cap Fund held stakes of 5.70% and 5.55%, respectively. SBI Small Cap Fund also retained a 4.77% stake.
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