Synopsis: SBI Group funds made fresh investments in stocks such as Adani Power, Varun Beverages, BHEL, HPCL, Minda Corporation, and One97 Communications in Q3 FY26.
In Q3 FY26, SBI Group funds made fresh investments worth over Rs. 13,000 crore in select stocks, highlighting strong confidence in India’s equity markets. These fresh stake additions reflect the fund house’s positive outlook on company fundamentals and long-term growth prospects, drawing attention from investors tracking institutional buying trends and portfolio shifts.
Here are the stocks in which the SBI Group fund has made a fresh stake in Q3 FY26:
Adani Power Limited
With a market capitalization of Rs. 2,75,192.59 crore, the shares of Adani Power Limited closed at Rs. 142.70 per equity share, down nearly 0.45 percent from its previous day’s close price of Rs. 143.35.
In December 2025, Adani Power Limited had a majority stake held by the promoters at 74.96 percent, foreign institutional investors at 11.64 percent, domestic institutional investors at 3.41 percent, and the public at 9.99 percent.
In the December quarter of 2025, SBI Equity Hybrid Fund made a fresh stake of 1.7 percent in the company, which had a holding value of Rs. 4,575.9 crore with ownership of 32.05 crore shares.
Adani Power Limited is a part of the Adani Group and one of India’s largest private power producers, generating and selling electricity mainly from thermal and solar plants under long-term and short-term power purchase agreements. It operates a diversified portfolio of power projects across India, supporting energy security and industrial growth.
Varun Beverages Limited
With a market capitalization of Rs. 1,69,894.21 crore, the shares of Varun Beverages Limited closed at Rs. 502.35 per equity share, rising nearly 0.28 percent from its previous day’s close price of Rs. 500.95.
In December 2025, Varun Beverages Limited had a majority stake held by the promoters at 59.44 percent, foreign institutional investors at 20.31 percent, domestic institutional investors at 13.56 percent, and the public at 6.69 percent.
In the December quarter of 2025, SBI Group Fund made a fresh stake of 2.1 percent in the company, with a holding worth Rs. 3,610.7 crore. This includes a 1.1 percent stake acquired by SBI Equity Hybrid Fund, valued at Rs. 1,847.3 crore, representing ownership of 3.68 crore shares. Additionally, SBI Pension Fund made a fresh stake of 1 percent in the company, which had a holding value of Rs. 1,763.4 crore with ownership of 3.51 crore shares.
Varun Beverages Limited is a major Indian multinational beverage company and one of the largest PepsiCo franchise bottlers in the world outside the U.S., manufacturing, bottling, and distributing carbonated and non-carbonated drinks across India and several international markets.
Bharat Heavy Electricals Limited
With a market capitalization of Rs. 93,197.43 crore, the shares of Bharat Heavy Electricals Limited closed at Rs. 267.65 per equity share, rising nearly 0.83 percent from its previous day’s close price of Rs. 265.45.
In December 2025, Bharat Heavy Electricals Limited had a majority stake held by the promoters at 63.17 percent, foreign institutional investors at 6.28 percent, domestic institutional investors at 19.70 percent, and the public at 10.85 percent.
In the December quarter of 2025, SBI Group Fund made a fresh stake of 3.1 percent in the company, with a holding worth Rs. 2,885.6 crore. This includes a 1.8 percent stake acquired by SBI Pension Fund, valued at Rs. 1,654.6 crore, representing ownership of 6.19 crore shares.
Additionally, SBI Mid-cap Fund made a fresh stake of 1.3 percent in the company, which had a holding value of Rs. 1,231.1 crore with ownership of 4.60 crore shares.
Bharat Heavy Electricals Limited is India’s largest government-owned engineering and manufacturing enterprise, supplying a wide range of power, transmission, transport, defence, and industrial equipment. It designs, engineers, manufactures, tests and services products for energy, infrastructure, and strategic sectors domestically and abroad.
Hindustan Petroleum Corporation Limited
With a market capitalization of Rs. 93,613.55 crore, the shares of Hindustan Petroleum Corporation Limited closed at Rs. 439.95 per equity share, down nearly 1.95 percent from its previous day’s close price of Rs. 448.70.
In December 2025, Hindustan Petroleum Corporation Limited had a majority stake held by the promoters at 54.90 percent, foreign institutional investors at 16.35 percent, domestic institutional investors at 20.64 percent, and the public at 8.09 percent.
In the December quarter of 2025, SBI Mid-cap Fund made a fresh stake of 1.2 percent in the company, which had a holding value of Rs. 1,075.4 crore with ownership of 2.44 crore shares.
Hindustan Petroleum Corporation Limited is a Maharatna government-owned energy company engaged in refining crude oil and marketing petroleum products, including fuels, LPG, lubricants and aviation fuels, through an extensive retail and distribution network across India.
One 97 Communications Limited
With a market capitalization of Rs. 83,980.31 crore, the shares of One 97 Communications Limited closed at Rs. 1,312.75 per equity share, rising nearly 2.44 percent from its previous day’s close price of Rs. 1,281.50.
In December 2025, One 97 Communications Limited had a majority stake held by foreign institutional investors at 51.75 percent, domestic institutional investors at 20.32 percent, and the public at 27.91 percent.
In the December quarter of 2025, SBI Life Insurance Company Limited made a fresh stake of 1.1 percent in the company, which had a holding value of Rs. 939.9 crore with ownership of 71.57 lakh shares.
One97 Communications Limited is the Indian technology company behind the Paytm brand, offering digital payments, financial services, and merchant solutions, and operates various subsidiaries, including Paytm Payments Bank, Paytm Money, and Paytm Insurance.
Minda Corporation Limited
With a market capitalization of Rs. 13,603.62 crore, the shares of Minda Corporation Limited closed at Rs. 569 per equity share, down nearly 1.02 percent from its previous day’s close price of Rs. 574.85.
In December 2025, Minda Corporation Limited had a majority stake held by the promoters at 64.84 percent, foreign institutional investors at 9.09 percent, domestic institutional investors at 18.43 percent, the public at 6.08 percent, and others at 1.56 percent.
In the December quarter of 2025, SBI Life Insurance Company Limited made a fresh stake of 1.5 percent in the company, which had a holding value of Rs. 200.4 crore with ownership of 35.21 lakh shares.
Minda Corporation Limited is a leading automotive component manufacturer in India with a pan-India presence and global footprint, producing wiring harnesses, mechatronics, plastics, electronics and other systems for two-wheelers, passenger vehicles, commercial vehicles and aftermarket segments.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
