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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 7415.00
KEI Industries 3715.10
RR Kabel Ltd. 2138.65
Finolex Cables 1090.50
Precision Wire India 400.60
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