DCM Shriram Industries Limited

Abakkus Mutual Fund decreased its stake in DCM Shriram Industries by selling 45,565 shares. The stake was reduced from 2.86% to 2.81%. The value of the sold shares is approximately ₹19.09 lakh, calculated at a share price of ₹41.90.

A vertically integrated producer, DCM Shriram Industries manufactures sugar, alcohol, power, chemicals, and industrial fibers across multiple manufacturing facilities in India. The company has diversified into emerging sectors including unmanned aerial vehicles and drone technology. Its integrated operations spanning traditional commodities and new-age products position it as a diversified industrial enterprise serving domestic and export markets.

AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.