Safari Industries (India) Limited
Sundaram Mutual Fund raised its stake in Safari Industries (India) Limited from 1.41% to 2.11%, purchasing 3,44,570 shares to bring its total holding to 10,33,480 shares.
A manufacturer and trader of luggage and luggage accessories, Safari Industries produces hard luggage from polypropylene and polycarbonate through in-house manufacturing at its facility in Halol, Gujarat. The company also trades soft luggage made from various fabric materials. Its diverse product portfolio spans both hard and soft luggage categories designed for consumer travel and storage needs across multiple market segments.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.