Premier Energies Limited

DecreasedQuarterly

PREMIERENEOther Electrical EquipmentMarket Cap₹41K Cr

Stake

2.84% → 2.39%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund trimmed its stake in Premier Energies Limited from 2.84% to 2.39%, selling 20,15,551 shares worth ₹219.06 Cr at ₹1086.20 apiece.

About Premier Energies Limited

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A manufacturer of solar photovoltaic products, Premier Energies specializes in producing integrated solar cells and modules, including monofacial and bifacial solar panels. The company provides comprehensive solutions across the solar energy value chain, offering engineering, procurement, and construction services alongside operations and maintenance support for solar installations.

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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Kotak Mahindra Life InsuranceExited

Kotak Mahindra Life Insurance, which previously held a 1.02 percent stake in Premier Energies Limited, has exited the list of disclosed shareholders, indicating either a complete sale or a reduction in its holding to below 1 percent.