According to reports, SBI Mutual Fund acquired 1,812,760 Elgi Equipments shares in a bulk deal at ₹532 per share on July 8, 2025, indicating significant institutional interest.
Key highlights:
• SBI Mutual Fund purchased 1,812,760 Elgi Equipments shares at ₹532 each.
• The transaction signals strong institutional confidence in Elgi Equipments.
• Elgi Equipments shares rose by 5% following the bulk deal.
The development underscores growing investor interest in Indian businesses like Elgi Equipments, reflecting positive market sentiment and potential growth opportunities in the Indian economy.
Source: Economic Times