Mutual fund bought 3.14 lakh shares in Shaily Engineering Plastics

Shaily Engineering Plastics Ltd surged 7% to ₹1,024 per share following Motilal Oswal Mutual Fund’s bulk purchase of 3,14,565 shares at ₹950 each on September 11. This came after the fund bought 5,00,000 shares at ₹940 and 3,11,365 shares at ₹923.63 on August 28, 2024. These strategic investments underscore the fund’s focus on companies with strong fundamentals.