Samvardhana Motherson International share price gained over 3% on Wednesday after Goldman Sachs bought a decent number of shares of the company. Samvardhana Motherson shares gained as much as 3.08% to ₹135.20 apiece on the BSE.

Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for ₹87 crore through an open market transaction. According to the block deal data on the BSE, Goldman Sachs through its arm — Goldman Sachs (Singapore) Pte — purchased 65.48 lakh shares of Samvardhana Motherson International.

The shares were picked up at an average price of ₹132.7 apiece, taking the transaction value to ₹86.90 crore.

At 9:30 AM, Samvardhana Motherson shares were trading 2.74% higher at ₹134.75 apiece on the BSE.

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