RHI Magnesita India Limited
Bajaj Finserv Mutual Fund increased its stake in RHI Magnesita India Limited from 1.13% to 1.33%, acquiring 408,108 shares. The value of these additional shares is approximately ₹16.86 crore, calculated at the May 31, 2026 price of ₹413.20 per share.
A manufacturer of special refractory products, systems and services for the steel industry in India and globally. The company produces high-quality refractories designed for steelmaking processes and serves major steel producers across domestic and international markets. It holds a leading position in India's special refractories segment and is known for delivering products that meet international quality standards.
AMC subsidiary of Bajaj Finserv, India's leading non-banking financial services conglomerate. Launched in 2023 with an aggressive passive-first strategy, offering index funds and ETFs at competitive expense ratios to challenge incumbents in the rapidly growing passive segment. One of the fastest-growing new entrants in the AMC space with strong distribution from Bajaj Finserv's vast financial services network.