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RHI Magnesita India Limited

DecreasedQuarterly
RHIMElectrodes & RefractoriesMarket Cap₹8K Cr
Stake
2.44% → 2.37%
Axis Mutual Fund
Axis Mutual Fund
Mutual Fund
The move

Axis Mutual Fund trimmed its stake in RHI Magnesita India Limited from 2.44% to 2.37%, selling 141,034 shares. The value of the remaining stake is ₹20.15 Cr at a share price of ₹413.20.

About RHI Magnesita India Limited
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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.

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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RHI Magnesita India Limited
More moves in RHI Magnesita India Limited
Nippon India Mutual FundIncreased
Nippon India Mutual Fund increased its stake in RHI Magnesita India Limited from 1.01% to 1.02%, raising its shareholding from 2,095,477 to 2,104,758 shares. The value of the additional 9,281 shares was approximately ₹38.35 lakh, calculated at a share price of ₹413.20.
16 Jul 2026
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Bajaj Finserv Mutual FundIncreased
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.
16 Jul 2026
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HDFC Mutual FundDecreased
HDFC Mutual Fund decreased its stake in RHI Magnesita India from 1.53% to 1.44%, selling 178,951 shares. The value of the reduced stake is ₹7.39 Cr at ₹413.20 apiece.
16 Jul 2026
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Bandhan Mutual FundNew position
Bandhan Mutual Fund initiated a new position in RHI Magnesita India, acquiring 36,43,939 shares for ₹150.55 crore at ₹413.20 apiece, representing a 1.76% stake.
16 Jul 2026
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ICICI Prudential Mutual FundIncreased
ICICI Prudential Mutual Fund increased its stake in RHI Magnesita India from 2.88% to 3.10% by purchasing 452,358 shares. The value of these additional shares was ₹18.68 Cr at ₹413.20 apiece.
16 Jul 2026
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Axis Mutual Fund bought 903,611 shares of Rubicon Research Limited for ₹150.00 Cr at ₹1660.00 apiece in a block deal.
RUBICON26 Aug 2026
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Axis Mutual Fund bought 30,211 shares of UltraTech Cement for ₹35.00 Cr at ₹11585.00 apiece in a block deal.
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CreditAccess Grameen LimitedIncreased
Axis Mutual Fund bought 1,70,000 shares of CreditAccess Grameen for ₹25.19 Cr at ₹1482.00 per share in a block deal on August 6, 2026.
CREDITACC6 Aug 2026
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