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MoneyWorks4Me

Hind Rectifiers to acquire 50% stake in Gauranga Soft-tech

14 Feb 2015 Evaluate

Hind Rectifiers has decided to purchase 50% stake in Gauranga Soft-tech, a company with skill sets in embedded systems development, software development & latest mobile based developments. The company has also decided to buy 50% stake in Gauranga Systems, a company specialized in Manufacturing & related coordination, OEM support, Held implementation, etc.

Hind Rectifiers has a long standing tradition and experience in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments.

Peers
Company Name CMP
Waaree Energies 2544.00
Apar Industries 14666.25
Havells India 1160.00
Suzlon Energy 38.25
Siemens 3658.90
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