ICICI Prudential Mutual Fund Bought 1,50,000 Shares of Sharda Motor Industries Ltd
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The stock delivered multibagger returns of 350 per cent over five years while maintaining a consistent dividend payout ratio of 21.6 per cent.
On Wednesday, shares of Sharda Motor Industries Ltd gained 0.27 per cent to Rs 870 per share from its previous closing of Rs 867.65 per share with an Intraday high of Rs 899.15 and intraday low of Rs 865. The stock has a 52-week high of Rs 1,258 per share and a 52-week low of Rs 625 per share. The shares of the company saw a Spurt in Volume by more than 2.38 times on the BSE.
ICICI Prudential Mutual Fund has increased its stake in Sharda Motor Industries Ltd by purchasing 1,50,000 equity shares via an open market transaction on January 13, 2026. This acquisition, representing 0.26 per cent of the company’s paid-up capital, raised the fund's total holding from 4.99 per cent to 5.25 per cent. By crossing the 5% threshold, the fund has triggered mandatory disclosure requirements under SEBI regulations. While this move solidifies the fund's position as a significant institutional shareholder, it also subjects the holding to increased regulatory scrutiny and reporting obligations moving forward.
About the Company
Founded in 1986, Sharda Motor Industries Ltd. is one of India’s leading Tier-1 automotive component manufacturers, publicly listed on BSE & NSE, delivering Advanced solutions across emission control, suspension portfolio and supply chain management solutions. Headquartered in Delhi, the company operates a network of 8 modern manufacturing facilities and 1 R&D centre among major automotive hubs of India, supported by strong engineering, testing and validation capabilities established to deliver integrated solutions to customers. partners with major Global and domestic OEMs across passenger, commercial and off-highway vehicle segments. Through continuous innovation, technology collaborations and a focus on localisation, the company is driving the transition toward safer, cleaner and more efficient mobility solutions.
Sharda Motor Industries Ltd maintains a market capitalisation of Rs 4,994 crore with a debt profile of Rs 50 crore as of September 2025. Financially robust and debt-free, SMIL reported consolidated revenues of Rs 2,836 crore in FY25, reflecting consistent growth and operational excellence. The company has achieved a 40.1 per cent CAGR in profit over the last five years and a robust three-year ROE of 28.3 per cent. The stock delivered multibagger returns of 350 per cent over five years while maintaining a consistent dividend payout ratio of 21.6 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.