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SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr

EntrackrEntrackr · 1d ago
SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr
Medial

SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr SBI Mutual Fund picked up an additional 4% stake in Urban Company through bulk and block deals on Tuesday worth Rs 632 crore across the NSE and BSE, which led the company’s shares to soar over 16%. According to bulk and block deal data, SBI Mutual Fund purchased 3.51 crore shares at Rs 109.85 apiece on the NSE and 2.25 crore shares at Rs 109.83 per share on the BSE, which together amounted to around Rs 632 crore. On the selling side, Wellington Hadley Harbor AIV Master Investors, DF International Partners, and ABG Capital offloaded a combined 4.6% stake worth Rs 734 crore, with ABG Capital selling 1.74 crore shares for Rs 191.2 crore, DF International Partners exiting via sale of 1.77 crore shares worth Rs 193.9 crore, and Wellington Hadley Harbor AIV Master Investors (Cayman) III divesting a 2.2% stake through multiple transactions worth Rs 349.2 crore. SBI Mutual Fund held a 1.89% stake in Urban Company as of December 2025, which rose to around 5.9% after the bulk purchases. In Q3 FY26, Urban Company reported a consolidated net loss of Rs 21 crore and an adjusted EBITDA loss of Rs 17 crore, largely due to heavy investment in its InstaHelp vertical, which crossed 50,000 daily bookings within a year of its pilot launch in March 2025. Urban Company’s share is trading at Rs 127.7 per share as of 2:22 PM (today), with a market capitalization of Rs 18,657 crore (around $2 billion).

SBI Mutual Fund cuts Delhivery stake to 5.69%

EntrackrEntrackr · 2m ago
SBI Mutual Fund cuts Delhivery stake to 5.69%
Medial

SBI Mutual Fund cuts Delhivery stake to 5.69% SBI Mutual Fund has trimmed its stake in logistics major Delhivery, bringing its shareholding down by more than 2% from the previously reported level. According to the letter, SBI Mutual Fund had earlier disclosed a 7.91% stake in Delhivery in April 2023. The fund has now sold 18.18 lakh shares, representing 0.24% of Delhivery’s paid-up equity capital. Taking Delhivery’s closing price of Rs 409 on December 22, the transaction is estimated to be worth around Rs 74 crore. After the transaction, SBI Mutual Fund now holds a total of 4.25 crore shares of Delhivery, which is equivalent to 5.69% of the company’s total paid-up share capital. Financially, Delhivery’s revenue from operations grew 17% to Rs 2,559 crore in Q2 FY26 from Rs 2,190 crore in Q2 FY25. The company posted a loss of Rs 50 crore in Q2 FY26, compared to a profit of Rs 10 crore in Q2 FY25. For the half year, its profit decreased by 37% to Rs 40.5 Cr in H1 FY26 as compared to Rs 64.5 Cr in H1 FY25. Delhivery’s share price is currently trading at Rs 409.8 (as of 12:53 PM) on NSE, giving the company a market capitalisation of Rs 30,656 crore (approximately $3.4 billion).

SBI Mutual Fund sells Nazara’s stake worth Rs 108 Cr via bulk deal

EntrackrEntrackr · 2m ago
SBI Mutual Fund sells Nazara’s stake worth Rs 108 Cr via bulk deal
Medial

SBI Mutual Fund sells Nazara’s stake worth Rs 108 Cr via bulk deal SBI Mutual Fund offloaded 45,09,360 equity shares of Nazara at an average price of Rs 240.18 per share, taking the total transaction value to around Rs 108 crore. Prior to the deal, SBI MF held 2.14 crore shares, accounting for 5.78% stake in Nazara. Post the deal, its shareholding has come down to 1.69 crore shares, translating to 4.55% of the total paid-up equity. Financially, Nazara’s operating revenue rose by 65% to Rs 526 crore in Q2 FY26 from Rs 319 crore in Q2 FY25. With the enactment of the Promotion and Regulation of Online Gaming Act, Nazara recognized an aggregate reduction of Rs 914.70 crore in its investment done on Moonshine Technologies. The company recorded a loss of Rs 34 crore in Q2 FY26 as compared to a profit of Rs 18 crore in Q2 FY25. On a half-yearly basis, the company’s profit declined 57.5% to Rs 17 crore in H1 FY26 from Rs 40 crore in H1 FY25. In August this year, Nazara called off its plan to acquire a minority stake in Moonshine Technology Private Limited, the parent company of online poker platform PokerBaazi, due to the enactment of the Promotion and Regulation of Online Gaming Act, 2025. At the end of the day, Nazara’s share was trading at Rs 252 with a total market capitalization of Rs 9,355 crore (approximately $1 billion).

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