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PTL Enterprises to invest Rs 40 crore in Apollo Tyres

13 Apr 2018 Evaluate

PTL Enterprises has decided to invest the internal accrual/Surplus fund to the extent of Rs 40 crore in the equity shares of Apollo Tyres through open market purchase in one or more tranches. The members of the Committee of Directors at its meeting held on April 13, 2018 has decided for the same. 

PTL Enterprises is a holding company. The company's principal business activity is leasing. The company's segments include the Health Care segment and the Lease of Plant segment.

Peers
Company Name CMP
Sagility 44.90
Prime Focus 318.75
Knowledge RealtyTrt. 113.77
Indegene 593.45
Syngene Internatl. 380.40
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