Motilal Oswal MF buys the shares of Bharat Forge worth almost RS 378 Crore

Motilal Oswal Mutual Fund purchased shares from foring and precision engineering firm Bharat Forge worth almost RS 378 Crore via an open market transaction.

According to the bulk deal that is available at the NSE, Motilal Oswal Mutual Fund (MF) has almost 32 LAKH shares, or 0.65 percent interest, purchased in Pune-based Bharat Forge.

The shares were obtained at an average price of RS 1,217.32 each, which brought the transaction value to RS 377.73 Crore.

Details of the sellers of the shares of Bharat Forge could not be set at the National Stock Exchange (NSE).

Bharat Forge shares rose by 0.94 percent to close to RS 1,192.20 each on the NSE.

In a separate bulk deal on the NSE, Singapore head office Amansa Capital bought 12.82 Lakh shares or 0.97 percent interest in specialist chemicals maker Aether Industries for RS 94 Crore through an open market transaction. Affiliate of Goldman Sachs Asset Management, loaded 11.51 LAKH shares or 0.87 percent in Ether industry at an average price of RS 735.01 per share.

Details of the other sellers of the shares of Aether Industries could not be identified on the stock exchange.

On Monday, the shares of Aether Industries rose by 1.42 percent to settle on RS 745.10 each on the NSE.