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Binani Industries’ arm sells majority of the assets to Core Molding Technology

23 Mar 2015 Evaluate

Binani Industries’ wholly owned subsidiary -- CPI Binani, Inc, USA -- has sold its majority of the assets to Core Molding Technology, Inc thereby exited from its composite business.

The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber and downstream composite products.

Peers
Company Name CMP
Grasim Industries 3198.00
DCM Shriram 981.20
3M India 34561.80
Hindustan Foods 621.40
Balmer Lawrie & Co 167.40
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