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Motilal Oswal MF buys over Rs 30 crore shares in Spectrum Electrical; Fidelity sells 2.69% stake in CAMS

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Motilal Oswal MF buys over Rs 30 crore shares in Spectrum Electrical; Fidelity sells 2.69% stake in CAMS
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Market & Financial Impact: Spectrum Electrical Industries shares hit a record high on Thursday, locking in the 5 percent upper circuit for the sixth consecutive session to end at a new high of Rs 2,878.6 on the National Stock Exchange.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Motilal Oswal Asset Management Company has acquired shares worth Rs 30.48 crore in Spectrum Electrical Industries, while Fidelity has offloaded a 2.69 percent stake in Computer Age Management Services (CAMS) through open-market transactions on September 10.

Spectrum Electrical Industries shares hit a record high on Thursday, locking in the 5 percent upper circuit for the sixth consecutive session to end at a new high of Rs 2,878.6 on the National Stock Exchange.

According to bulk-deal data on the stock exchanges, Motilal Oswal Mutual Fund bought 1.15 lakh shares, representing a 0.73 percent stake in electrical components maker Spectrum Electrical Industries, from Ajay Bhikamchand Jain for Rs 30.48 crore.

Fidelity sells 2.69% stake in CAMS; Goldman Sachs, Societe Generale buy 2.94% stake

Societe Generale ODI bought 37.11 lakh shares, representing a 1.49 percent stake in Computer Age Management Services, India's largest registrar and transfer agent for mutual funds, for Rs 253.05 crore. Goldman Sachs Investments Mauritius I picked up 35.96 lakh shares, or a 1.45 percent stake, for Rs 245.16 crore.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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