Smart Money Alert

Solar Industries India Limited

IncreasedQuarterly

SOLARINDSExplosivesMarket Cap₹1.8L Cr

Stake

1.16% → 1.22%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund increased its stake in Solar Industries India Limited from 1.16% to 1.22%, raising its holding from 1,053,013 to 1,106,860 shares. The approximate value of the added shares is ₹98.4 crore based on the share price of ₹18156.00.

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 2.85% to 2.77%, selling 71,915 shares.

16 Jul 2026

SBI Mutual FundIncreased

SBI Mutual Fund increased its stake in Solar Industries India from 3.59% to 3.63%, buying 34,622 shares. The additional shares are worth ₹62.91 crore at a price of ₹18156.00 apiece.