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Minda Industries issues Commercial Paper worth Rs 30 crore

01 Feb 2017 Evaluate

Minda Industries has issued the Commercial Paper of Rs 30 crore with value date January 31, 2017 and due for maturity on March 31, 2017. This is in line with the management efforts to bring down the finance cost.

Minda Industries is engaged in the business of manufacturing switches and batteries for 2/3 wheelers and off-road vehicles.



Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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