Safari Industries (India) Limited

DecreasedQuarterly

SAFARIPlastic Products - ConsumerMarket Cap₹7K Cr

Stake

4.41% → 2.30%

HSBC Mutual Fund

Mutual Fund

The move

HSBC Mutual Fund decreased its stake in Safari Industries (India) Limited from 4.41% to 2.30%, selling 1,032,870 shares worth ₹169.45 crore at ₹1640.50 apiece.

About Safari Industries (India) Limited

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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.

About HSBC Mutual Fund

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Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.

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More moves in Safari Industries (India) Limited

Premji InvestIncreased

Premji Invest increased its stake in Safari Industries (India) from 1.54% to 2.20%, raising its shareholding from 754,703 to 1,077,283 shares. This represents an increase of 322,580 shares at ₹1640.50 apiece, for a total value of ₹52.92 crore.

17 Jul 2026

Bajaj Finserv Mutual FundNew position

Bajaj Finserv Mutual Fund took a new position in Safari Industries (India) with 5,81,232 shares, representing a 1.19% stake. The investment is valued at ₹95.34 crore based on the share price of ₹1640.50.