Morgan Stanley bought 42,577 shares of Foseco India for ₹25.11 Cr at ₹5,897.00 per share in a block deal. Shares of Foseco India were trading at ₹6077.50 on the day of the trade.
A manufacturer of specialty chemicals for the metallurgical industry, Foseco India produces additives and consumables that enhance the physical properties and performance of castings. Incorporated in 1958, the company supplies critical products to metal foundries and casting operations across India. Its specialized focus on metallurgical solutions and technical expertise in casting improvement distinguish it as a key player in the industrial chemicals sector.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.