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DCM Shriram sells textile spinning unit for Rs 17.12 crore

25 Jun 2014 Evaluate

DCM Shriram has sold its textile spinning unit located at Swatantra Bharat Mills, Tonk in state of Rajasthan as a running business for a lump sum consideration of Rs 17.12 crore. The sale has been effected on June 24, 2014.

DCM Shriram is a diversified company with business in agriculture, chemicals, plastics, cement, textiles and energy services. DCM Shriram had transferred its PVC compounding business to Shriram Vinyl, last year.

Peers
Company Name CMP
Grasim Industries 3211.80
DCM Shriram 1002.00
3M India 32101.00
Hindustan Foods 612.00
Balmer Lawrie & Co 165.50
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