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

SBI Mutual Fund has sold 21,421 shares of Sansera Engineering, reducing its stake to 4.2152%. The fund has been trimming its ownership since October 2024, when it held 6.24%. Despite market volatility, Sansera's shares have risen significantly, gaining 34% in early 2026.

A Ksheerasagar
Published8 Apr 2026, 03:32 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 resilient
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

SBI 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.

Also Read | Sensex ends over 2,900 points higher: Why did the market rise?
Also Read | Stock Market Today LIVE: Sensex jumps 2900 pts; Adani Group stocks surge

Sansera Engineering share price trend

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.

Also Read | Amfi seeks use of intraday loans to buy securities as Sebi defers norms
Also Read | SBI Mutual Fund buys 6.60% stake in the newly-listed stock Powerica

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

About the Author

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.

Get Latest real-time updates

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

HomeMarketsStock MarketsSBI Mutual Fund books partial profit in engineering stock that has surged 110% in one year
More