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CMI enters into agreement for acquisition of General Cable Energy India

16 Nov 2015 Evaluate

CMI has entered into an agreement for acquisition of General Cable Energy India (a subsidiary of General Cable, USA, a fortune 500 Company), having manufacturing facilities for cable situated at Baddi, Himachal Pradesh.

CMI was initially engaged in Copper Metal Trade and Copper melting and rod casting and later diversified into cable business.

Peers
Company Name CMP
Polycab India 8062.50
KEI Industries 4141.00
RR Kabel Ltd. 1947.85
Finolex Cables 1253.10
Precision Wire India 401.80
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