Axis Mutual Fund Exits 5,94,016 Shares In This Multibagger Vehicle Components Company Through Bulk Deal; FII Holding Increases

On Monday, Indian equity benchmarks opened lower, with the benchmark Nifty 50 index declining 148.80 points, or 0.61 per cent, to 24,185.50. Amid the weak market sentiment, ZF Commercial Vehicle Control Systems India share price fell 1.97 per cent to Rs 2,362.90 after a bulk deal involving Axis Mutual Fund.

ZF Commercial Vehicle Control Systems Bulk Deal Details

According to the latest bulk deal data, Axis Mutual Fund sold 5,94,016 equity shares worth approximately Rs 138.41 crore at an average price of Rs 2,330.03 per share through a bulk deal on the BSE on July 17, 2026. The transaction was executed as a non-Intraday bulk deal.

Shareholding Pattern

As of the June 2026 quarter, promoters held a 60.00 per cent stake in the company. Foreign Institutional Investors (FIIs) owned 5.99 per cent, while Domestic Institutional Investors (DIIs) held 25.42 per cent. Public shareholding stood at 8.59 per cent, indicating continued strong participation from institutional investors.
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ZF Commercial Strong Balance Sheet

ZF Commercial Vehicle Control Systems India continues to maintain a healthy balance sheet with relatively low debt. As of March 2026, the company reported borrowings of Rs 55 crore, compared with Rs 66 crore a year earlier, while reserves increased to Rs 3,667 crore from Rs 3,201 crore, reflecting a strong financial position and healthy net worth.

Share Price Performance

The stock has declined 9.03 per cent over the past one month. However, it has gained 3.25 per cent over the last six months and delivered a 7.24 per cent return over the past one year.

About ZF Commercial Vehicle Control Systems

ZF Commercial Vehicle Control Systems India Limited is one of India's leading manufacturers of braking systems, vehicle control technologies and safety solutions for commercial vehicles. The company develops and supplies advanced braking, electronic braking systems (EBS), advanced driver assistance systems (ADAS) and other safety technologies to leading commercial vehicle manufacturers.

The company is part of the global ZF Group and focuses on delivering technology-driven mobility solutions for trucks, buses and trailers, serving both domestic and international markets.

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Disclaimer: The article is for informational purposes only and should not be construed as investment advice.