CMI has completed acquisition of General Cables Energy India -- a wholly-owned subsidiary company of General Cable Corporation (GCC), having manufacturing facilities located at Baddi, Himachal Pradesh. Post the acquisition, General Cables Energy India has become wholly owned subsidiary of CMI. A total outlay of Rs 150 crore has been earmarked for the project, which will be financed by a mix of debt and equity.
CMI was initially engaged in Copper Metal Trade and Copper melting and rod casting and later diversified into cable business.
| Company Name | CMP |
|---|---|
| Polycab India | 9557.20 |
| KEI Industries | 5463.85 |
| RR Kabel Ltd. | 2186.90 |
| Finolex Cables | 1045.40 |
| Precision Wire India | 403.80 |
| View more.. | |
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