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Minda Industries acquires balance 2% stake in MJCL

03 Jul 2017 Evaluate

Minda Industries (MIL) has acquired the remaining 2% shareholding in M J Casting (MJCL) on July 1, 2017 from Neel Metal Products. On the above acquisition, MJCL has become a wholly owned subsidiary of the company.

Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.



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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