Invesco Mutual Fund increased its stake in Safari Industries (India) Limited from 3.55% to 3.73%, buying 86,878 additional shares. The value of their total holding is ₹300.04 Cr at a share price of ₹1640.50.
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.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
