SIS Boosts Updater Services Stake; Taurus MF Sells 1% in Advit Jewels

SIS Expands Ownership in Updater Services SIS Limited, known for security and facility management solutions, has increased its stake in Updater Services, a Chennai‑based integrated facilities manager. On September 3, through open‑market transactions, SIS acquired an additional 1.51% stake, buying 10.12 lakh shares for Rs 23.76 crore at a price of Rs 234.59 per share. The transaction pushed Updater Services’ shares up by 2.23% to Rs 236.61 amid heavy trading, extending the company’s uptrend for the fifth straight session. In the current quarter, SIS now holds a total of 3.27% in Updater Services after adding this 1.51% purchase to its earlier 4.88% shareholding as of June 2026.

Fund Activity: Taurus MF, Alpa Wealth, and Bulkcorp Taurus Mutual Fund Flexicap Share Multi Cap sold 4.82 lakh shares of Advit Jewels, a fine‑jewellery manufacturer, representing a 1.05% stake. The sale fetched Rs 11.63 crore at Rs 241 per share. In contrast, Ramesh Sawalram Saraogi acquired 5 lakh shares, a 1.09% stake, for Rs 12.14 crore at Rs 242.92 per share. Alpa Wealth Creator divested 3.38 lakh shares of KSR Footwear, amounting to a 1.84% stake, for Rs 1.06 crore at Rs 31.43 per share. The sell‑off was followed by a 7% rally, lifting KSR Footwear’s price to Rs 31.54 amid robust volumes on the NSE. Chanakya Opportunities Fund I increased its position in Bulkcorp International by buying an extra 1.08 lakh shares, a 1.43% stake, at Rs 75.59 per share, valuing the purchase at Rs 81.63 lakh. Meanwhile, Care Wealth Advisors LLP exited its 1.21% stake, selling 91,200 shares for Rs 68.94 lakh at Rs 75.60 per share. Bulkcorp shares hit a 5% upper circuit at Rs 75.60 during the trading session. These transactions highlight active fund participation across diverse sectors, from facilities management and jewellery to footwear and packaging solutions, reflecting strategic portfolio adjustments in the Indian equity market.