SBI Mutual Fund books partial profit in THIS cigarette manufacturer; small-cap stock down 25% YTD

VST Industries Share Price Today: SBI Mutual Fund (MF) said on March 12 that it has decreased its shareholding in VST Industries by two per cent after offloading over 65,000 shares of the leading cigarette manufacturer. The small-cap stock settled higher today despite a 25 per cent price rout year-to-date (YTD).

“We wish to inform that there has been a change in the shareholding of SBI Mutual Fund under its various schemes, in the company decreasing by two per cent from the previous disclosure made by us under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, vide our letter dated December 21, 2023, wherein the reported holding was 5.7029 per cent of the paid-up share capital,” said SBI MF in a regulatory filing to the NSE.

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SBI MF, under its various schemes, has disposed of 65,705 shares, representing 0.0387 per cent of the paid-up share capital of VST industries. “The final holding of SBI MF, under its various schemes, as of the close of business hours on March 10, 2025, was 62,67,941 shares, which is 3.69 per cent of the paid-up share capital of your company,” added SBI MF in its statement today.

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SBI MF decreases stake in VST Industries

According to the stock exchange filing, SBI MF held 63,33,646 shares of VST Industries, representing 3.728 per cent of the paid-up share capital, before disposing of shares earlier today. SBI MF sold 65,795 shares, representing 0.03 87 per cent of VST Industries via an o market sale. After offloading the shares, SBI MF holds 62,67,941 shares, representing 3.69 per cent shareholding in VST Industries.

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VST Industries Share Price Trend

On Wednesday, shares of VST Industries opened at ₹263.60 and hit an intraday high of ₹264 and a low of ₹258.50 before settling 0.08 per cent higher at ₹260 apiece on the BSE. The stock has risen 0.82 per cent in the last five sessions. VST Industries shares have declined 15 per cent in one month, 41 per cent in six months, 25 per cent YTD, and 19.6 per cent in one year. According to BSE, the small-cap stock commands a market cap of ₹4,416.39 crore. 

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