Introduction:
SBI Group, India’s largest banking and financial services conglomerate, provides comprehensive solutions, including retail banking, corporate financing, and wealth management. As per the latest corporate shareholdings filed, SBI Group publicly holds 303 stocks with a net worth of over ₹898,001.3 Crores.
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Route Mobile Ltd
On December 27, 2024, Route Mobile Ltd opened at ₹1,355.50, down 1.00% from its previous close of ₹1,369.05. The stock reached a high of ₹1,382.00 and a low of ₹1,355.50. By 4:00 PM, it traded at ₹1,369.05, showing no change, with a market cap of ₹8,624.68 crore.
SBI Group acquired a 5.40% stake in Route Mobile during Q2 FY2024, holding 33,80,084 shares valued at ₹464.4 crore, marking its strategic entry into the global cloud communication platform provider.
Route Mobile Ltd is a global cloud communication platform provider, specializing in messaging, voice, and email solutions for businesses. The company serves diverse sectors, including banking, retail, and healthcare, enabling seamless communication. With a robust presence in multiple countries, Route Mobile drives innovation and digital transformation in enterprise communication.
Electronics Mart Ltd
On December 27, 2024, Electronics Mart India Ltd opened at ₹165.75, down 2.10% from its previous close of ₹169.30. The stock reached a high of ₹170.25 and a low of ₹165.00. By 4:00 PM, it traded at ₹165.50, a 2.24% decrease, with a market cap of ₹6,367.59 crore.
SBI Group purchased a 5.90% stake in Electronics Mart during Q2 FY2024, holding 2,28,00,000 shares worth ₹379.3 crore, emphasizing its focus on the fast-growing electronics retail sector in India.
Electronics Mart Ltd is a prominent electronics retail chain offering a wide range of consumer electronics, home appliances, and gadgets. Known for its competitive pricing and extensive product portfolio, the company caters to India’s growing demand for electronic products through its expansive store network and online platforms.
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Brainbees Solutions Ltd
On December 27, 2024, Brainbees Solutions Ltd opened at ₹640.05, down 0.61% from its previous close of ₹637.90. The stock reached a high of ₹650.35 and a low of ₹625.15. By 4:00 PM, it traded at ₹633.35, a 0.71% decrease, with a market cap of ₹32,882.53 crore.
SBI Group secured a 5.90% stake in Brainbees Solutions during Q2 FY2024, acquiring 3,07,88,601 shares valued at ₹1,938.9 crore, demonstrating confidence in the e-commerce and child-care product market.
Brainbees Solutions Ltd, the parent company of FirstCry, is a leading e-commerce platform focused on baby and child-care products. It provides a comprehensive range of clothing, toys, and essentials for children. With a vast customer base and innovative offerings, Brainbees has revolutionized the child-care retail segment in India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.