Fidelity Investments almost exits Aditya Birla Lifestyle, sells 1.76% stake in Aditya Birla Fashion

Bulk Deals on January 20

• Fidelity Investments exits Aditya Birla Lifestyle
• Fidelity Investments sells 1.76% stake in Aditya Birla Fashion
• Hornbill Orchid India Fund exits P E Analytics

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Fidelity Blue Chip Growth Fund, managed by financial services firm Fidelity Investments, has almost exited Aditya Birla Lifestyle Brands, and offloaded 1.76 percent shares in Aditya Birla Fashion and Retail via open market transactions on January 20.

Aditya Birla Lifestyle Brands, and Aditya Birla Fashion are part of the Aditya Birla Group. Fidelity Blue Chip Growth Fund held 1.94 percent stake in each company as of September 2025.

Fidelity Securities Fund - Fidelity Blue Chip Growth Fund sold 2.36 crore equity shares (equivalent to 1.94 percent of paid-up equity) in Aditya Birla Lifestyle Brands for Rs 260.67 crore. The selling price for these shares was Rs 110 per share.

Further, the same fund also offloaded 2.15 crore equity shares (1.76 percent stake) in Aditya Birla Fashion and Retail for Rs 142.63 crore. The price at which these shares sold was Rs 66.2 per share.

However, Societe Generale - ODI has acquired 74.97 lakh shares (0.61 percent stake) in Aditya Birla Fashion at Rs 65.78 per share, for Rs 49.31 crore.

Aditya Birla Lifestyle Brands shares hit all-time low on Tuesday before closing the session at Rs 113.24, down 2.32 percent, while Aditya Birla Fashion and Retail stock also saw sharp correction, hitting lowest level since August 2023 on intraday basis before finishing 5.62 percent down at Rs 67.85 on the NSE.

The major action was also seen in P E Analytics that provides real estate data through its PropEquity platform, which shares declined 0.18 percent to Rs 165.3.

Hornbill Orchid India Fund exited PropEquity by selling its entire holding of 4.04 lakh shares (3.86 percent stake) at Rs 165.01 per share, amounting to Rs 6.67 crore. However, Samir Jasuja and his mother-in-law Manorama Pawah acquired 4.24 percent stake in the company.

Samir Jasuja bought 3.36 lakh shares for Rs 5.54 crore, and Manorama Pawah 1.09 lakh shares for Rs 1.8 crore. The buying price for these shares was Rs 165 apiece.

Meanwhile, Avana Electrosystems that manufactures control & relay panels and relays used in power system protection, monitoring, and automation, was also in focus, rising 36.1 percent to Rs 80.30 on its first day of trading on the NSE. Fortune Hands Growth Fund Scheme I has acquired additional 1.38 lakh shares (0.6 percent stake) in the company at Rs 76.66 per share, valued at Rs 1.05 crore.

Venkata Nagaraju Padala also bought 1.54 lakh shares in Avana at Rs 77.04 per share for Rs 1.18 crore, Gautam Fatehpuria 2.5 lakh shares at same price for Rs 1.92 crore, and Gunavanth Kumar G (HUF) 2.5 lakh shares at Rs 77.22 per share for Rs 1.93 crore.