Bharat Forge and Aether Industries See Share Price Gains Following Bulk Deals
Motilal Oswal Mutual Fund acquired a 0.65% stake in Bharat Forge for Rs 378 crore, driving the forging company's shares up by 0.94%. The transaction, executed at Rs 1,217.32 per share, underscores institutional confidence in the precision engineering sector.
Separately, Amansa Capital invested Rs 94 crore in Aether Industries, purchasing a 0.97% stake at Rs 735 per share. The specialty chemicals firm's stock ROSE 1.42% despite Goldman Sachs offloading a 0.87% holding. Both deals highlight sustained institutional interest in Indian industrial and chemical equities.