New Delhi, July 11 -- India's largest lender - State Bank of India (SBI) - slashed its stake in Tamilnadu Telecommunications, a multibagger stock, according to the latest release shared by the bank on July 11.

SBI, in an exchange filing, post market hours today, said that it has reduced stake in the telecom equipment company to 7.28% or 33,23,774 shares. At the end of the March 2025 quarter, SBI's stake in Tamilnadu Telecommunications stood at 7.32%, representing 33,43,774 shares.

Meanwhile, in a span of less than two years (from December 12, 2023, to July 11, 2025), SBI's stake in the multibagger small-cap stock has declined significantly from 9.30% to 7.28% currently. SBI sold these shares via the open market, according to the filing ...