Dovetail India Fund buys over half percent stake in Welspun Specialty Solutions

Bulk Deals on February 10

• Dovetail India Fund buys over half a percent stake in Welspun Specialty Solutions
• Scan Help Technologies offloads further 0.52% stake) in Bartronics India
• Promoter Nimbus India acquires additional 0.89% stake in Industrial Investment Trust

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Dovetail India Fund has acquired over half a percent stake in Welspun Specialty Solutions, the alloy and stainless steel products maker, via open market transactions on February 10.

Welspun Specialty Solutions shares corrected sharply by 9.09 percent to Rs 37.51 on the BSE, falling decisively below short term moving averages.

Dovetail India Fund has bought 35.52 lakh shares (0.53 percent of paid-up equity) for Rs 14.92 crore, however, Hanuman Freight & Carriers pared its stake in the company by offloading 35.5 lakh shares (0.53 percent stake) for Rs 14.91 crore. The transactions took place at Rs 42 per share.

Hanuman Freight was holding 1.32 percent equity stake in Welspun Specialty Solutions as of December 2025.

Bartronics India shares remained under pressure for third consecutive session, declining 7.66 percent to Rs 12.05 on the NSE. Scan Help Technologies offloaded further 16.03 lakh shares (0.52 percent stake) in the company at Rs 12.16 per share, valued at Rs 1.95 crore.

With this stake sale, in current month, Scan Help sold total 1.92 percent stake in Bartronics India, the automatic identification and data capture solutions provider. It was holding 4.56 percent shares in the company as of December 2025.

Meanwhile, Quadrature Capital Vector SP, which was holding 1.1 percent stake (1.8 lakh shares) as of December 2025, sold 95,649 shares in Mahamaya Steel Industries at Rs 683.59 per share, valued at Rs 6.5 crore. Despite this stake sale, the stock was up 1.79 percent at Rs 700 on the NSE.

Promoter Nimbus India has acquired additional 2.01 lakh units (0.89 percent stake) in Industrial Investment Trust at Rs 141.11 per unit, amounting to Rs 2.8 crore, which is in addition to 2.01 lakh units bought in previous session. It gained 0.24 percent to finish at Rs 140.27.