Smart Money Alert

Solar Industries India Limited

DecreasedQuarterly

SOLARINDSExplosivesMarket Cap₹1.7L Cr

Stake

1.22% → 1.14%

Holding

10.35 L shares

Change

−71,363 shares

As of

Sept 2026

Since alert−3.0%₹19,259.00 → ₹18,683.00

Nifty 50−0.3%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund reduced its stake in Solar Industries India Limited from 1.22% to 1.14%, selling 71,363 shares.

About Solar Industries India Limited

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One of India's largest manufacturers of explosives and detonators, Solar Industries produces bulk and cartridge explosives, detonating cords, and related components serving the mining, infrastructure, and construction sectors. The company also manufactures high-energy explosives, delivery systems, ammunition filling, and pyrotechnic fuses for defence applications. It operates across both civilian and military markets with a comprehensive range of explosive products and specialized systems.

About Axis Mutual Fund

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Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.

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More moves in Solar Industries India Limited

Kotak Mutual FundDecreased

Kotak Mutual Fund decreased its stake in Solar Industries India Limited from 2.77% to 2.60%, selling 1,50,900 shares.

19 Oct 2026

SBI Mutual FundIncreased

SBI Mutual Fund increased its stake in Solar Industries India Limited from 3.63% to 3.76%. The fund acquired 1,20,747 shares, raising its holding to 34,06,741 shares.