Deutsche Securities Mauritius has bought 596,784 shares of Mahindra Forgings in an open market transaction. The shares were purchased at an average price of Rs 68.88 on the National Stock Exchange (NSE) on June 18, 2013.
Mahindra Forgings is a part of the $14.4 billion Mahindra group, manufacturing World Class Forged and Machined products for automotive, agriculture, railway, mining, construction and other industries with production plants in India, Germany and UK.