MoneyWorks4Me

Bhagyanagar India acquires 74% stake in Solar Dynamics

05 Jun 2012 Evaluate

Bhagyanagar India as acquired 74% of the paid up equity share capital of Solar Dynamics having registered office at S P Road, Secunderabad. Accordingly, Solar Dynamics has become a subsidiary of the company.

Earlier in April, the company received an approval for making investments in solar farms up to a capacity of 5 MW under REC Scheme.

Bhagyanagar India is presently engaged in the manufacture of copper rods, copper foils, copper pipes, copper sheets, annealed bare copper strips; paper insulated copper conductors and insulated copper coils (field coils).

Peers
Company Name CMP
Hindalco Industries 973.20
Vedanta 256.00
Hindustan Zinc 568.45
Jain Resource Recycl 274.70
CMR Green Tech 212.30
View more..