MoneyWorks4Me

Equity Intelligence hikes stake in LEEL Electricals

29 Sep 2017 Evaluate

Equity Intelligence, ace investor Porinju Veliyath’s fund Management Company, has bought 0.4% stake in LEEL Electricals. With this, the total shareholding of the fund management company increased to 5.4 percent.

New Delhi-based LEEL Electricals (formerly known as Lloyd Electric and Engineering) is the largest producer of coils / heat exchangers (fin and tube type) in India, serving the entire spectrum of HVAC & R industry in the country as well as OEM’s in North America, Europe, Middle East and Australia.

Peers
Company Name CMP
Voltas 989.20
Blue Star 1547.00
Amber Enterprises 6307.15
EPACK Durable 161.95
Bosch Home Comfort 1685.55
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