Business Excellence Trust III, the Alternative Investment Fund managed by Motilal Oswal Private Equity Investment Advisors, sold 2.84 percent stake in Happy Forgings, the precision machined components maker, via open market transactions on February 12.
As per the deals information available on the exchanges, Business Excellence Trust III offloaded 26.86 lakh shares in forging company for Rs 307.6 crore, however, Kotak Mahindra Mutual Fund, and Rajni Tarun Jain were buyers in the deal.
Kotak Mahindra Mutual Fund has acquired additional 24.66 lakh shares (2.6 percent stake) in Happy Forgings for Rs 282.35 crore, and Rajni Tarun Jain 2.2 lakh shares for Rs 25.27 crore. The transaction price for the deal was Rs 1,145 per share.
Perhaps, may be after this deal, Happy Forgings shares attracted significant buying interest, freezing at 10 percent upper circuit at Rs 1,286.6, which is close its record high of Rs 1,299.95 on July 4, 2024.
Kotak Small Cap Fund held 2.26 percent stake and Business Excellence Trust 3.37 percent shares in Happy Forgings as of December 2025.
Mindspace Business Parks REIT was also in focus, rising 0.59 percent to Rs 502.81. BNP Paribas Financial Markets has acquired 7.3 lakh units (0.11 percent sake) at Rs 484.81 per unit for Rs 35.42 crore from Citigroup Global Markets Mauritius.
BNP Paribas Financial Markets was also buyer in Tata Capital, picking up 9.9 lakh shares (0.02 percent stake) at Rs 346.8 per share for Rs 34.3 crore from Citigroup Global Markets Mauritius. The stock price was down 0.2 percent to Rs 356.9 amid volatility.
Expectedly promoters, the Lodha family, pared 3.67 percent shareholding in Netweb Technologies India, the high-end computing solutions provider, but the stock closed 1.55 percent higher at Rs 3,201.9.
Navin Lodha, Vivek Lodha, Sanjay Lodha, and Niraj Lodha sold 20.79 lakh shares in Netweb for Rs 636.17 crore, at an average price of Rs 3,058.6 per share.
Dam Capital Advisors, which traded at all-time low, also saw some action on Thursday. Clover Media has acquired 3.54 lakh shares (equivalent to 0.5 percent of paid-up equity) at Rs 164.95 per share, valued at Rs 5.83 crore.
Dam Capital Advisors shares fell 0.89 percent today to end at all-time closing low of Rs 165.04, while it shed over 73 percent from its IPO price of Rs 283 per share. It listed on the bourses on December 27, 2024, overall maintaining downtrend since then.
Pine Oak Global Fund has bought 1.6 lakh shares (1.27 percent stake) in Invicta Diagnostic at Rs 69 per share from Neeraj Vishnukumar Gupta, valued at Rs 1.1 crore, while Johnson Dye Works has acquired 10 lakh shares (0.53 percent stake) in Praxis Home Retail at Rs 8.53 per share from New Era Fabrics, amounting to Rs 85.3 lakh.
Praxis Home Retail shares rallied 3.85 percent to Rs 8.9, while Invicta Diagnostic stock closed at Rs 69, down 0.07 percent.
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