Motilal Oswal Mutual Fund announced on Monday that it has acquired shares of Bharat Forge, a firm specializing in forging and precision engineering, valued at approximately Rs 378 crore through an open market transaction.
According to a bulk deal report on the National Stock Exchange (NSE), Motilal Oswal Mutual Fund purchased nearly 32 lakh equity shares, constituting a 0.65 percent stake, in Pune-based Bharat Forge. The shares were acquired at an average price of Rs 1,217.32 each, resulting in a total transaction value of Rs 377.73 crore. Information regarding the sellers of these shares was not available on the NSE.
Following the announcement, shares of Bharat Forge saw an increase of 0.94 percent, closing at Rs 1,192.20 per share on the NSE.
In a separate transaction on the NSE, Singapore-based Amansa Capital purchased 12.82 lakh shares, or a 0.97 percent stake, in specialty chemicals company Aether Industries for Rs 94 crore. This transaction was executed at a price of Rs 735 per share, bringing the total value to around Rs 94.27 crore. Meanwhile, Goldman Sachs India Equity Portfolio, part of Goldman Sachs Asset Management, sold 11.51 lakh shares, representing a 0.87 percent stake in Aether Industries, at an average price of Rs 735.01 per share. The identities of the other sellers of Aether shares were not disclosed.
On the same day, shares of Aether Industries rose by 1.42 percent, closing at Rs 745.10 per share on the NSE.
This information was published on September 29, 2025.
