57 mins ago
Motilal Oswal MF Buys Spectrum Electrical Stake
Motilal Oswal Mutual Fund bought a small part of Spectrum Electrical Industries, a company that makes electrical parts.
They paid a lot of money for these shares, and the company's stock price went up a lot.
At the same time, a big investor called Fidelity sold some of its shares in another company called CAMS.
Two other big investors, Societe Generale and Goldman Sachs, bought those shares.
Also, a trust from Bharat Battery Manufacturing Company bought some shares in a tech company called Vedavaag Systems.
The stock price of Vedavaag Systems also went up a lot.
Motilal Oswal Mutual Fund acquired a 0.73% stake in Spectrum Electrical Industries for Rs 30.48 crore.
Spectrum Electrical Industries shares hit a 5% upper circuit for the sixth straight session, closing at Rs 2,878.60.
Fidelity sold a 2.69% stake in CAMS for Rs 456.64 crore.
Societe Generale and Goldman Sachs collectively acquired a 2.94% stake in CAMS at Rs 681.75 per share.
Bharat Battery trust bought a 1.11% stake in Vedavaag Systems for Rs 57.82 lakh.
- Who
- Motilal Oswal Mutual Fund, Fidelity, Societe Generale, Goldman Sachs, Bharat Battery Manufacturing Company
- What
- Stake acquisitions and sales in various companies
- Where
- India
- When
- Recent bulk-deal transactions
- Why
- Investment strategies and market activities
Key facts
- Motilal Oswal MF
- Acquired 0.73% stake in Spectrum Electrical Industries
- Spectrum Electrical Industries
- Shares hit 5% upper circuit for sixth straight session
- Fidelity
- Sold 2.69% stake in CAMS
- CAMS
- India's largest registrar and transfer agent for mutual funds
- Societe Generale and Goldman Sachs
- Acquired 2.94% stake in CAMS
- Bharat Battery trust
- Bought 1.11% stake in Vedavaag Systems
- Vedavaag Systems
- Shares hit 20% upper circuit










