Safari Industries (India) Limited
Canara Robeco Mutual Fund increased its stake in Safari Industries (India) Limited from 1.98% to 2.42%, raising its shareholding by 214,924 shares to a total of 1,183,360 shares. The stake is valued at approximately ₹194.07 crore based on the current 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.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.