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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 167.50
Tube Investments 2299.00
Bosch 52450.00
UNO Minda 1334.00
Bombay Burmah Trdg. 1272.70
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