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Solar Industries India Limited

DecreasedQuarterly

SOLARINDSExplosivesMarket Cap₹1.8L Cr

Stake

2.85% → 2.77%

Kotak Mutual Fund

Mutual Fund

The move

Kotak Mutual Fund decreased its stake in Solar Industries India Limited from 2.85% to 2.77%, selling 71,915 shares.

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 Kotak Mutual Fund

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Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.

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More moves in Solar Industries India Limited

Axis Mutual FundIncreased

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.

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.