UTI Mutual Fund has raised its stake in SP Apparels by purchasing 50,000 shares of the company through secondary market purchase on March 23, 2018. UTI Mutual Fund hold 12,89,890 equity shares or 5.13% stake in the company as against 12,39,890 equity shares or 4.93% stake earlier.
SP Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at its integrated facilities that allow it to provide end-to-end garment manufacturing services from greige fabric to finished products.