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Kinetic Engineering to avail enhanced bill discounting facility from Mahindra Finance

18 Jan 2019 Evaluate

Kinetic Engineering’s board has approved the proposal for availing enhanced bill discounting facility from Mahindra & Mahindra Financial Services (Mahindra Finance). The Board of Directors of the company at its meeting held on January 18, 2019, approved the same.

Kinetic Engineering (Kinetic) is a manufacturer of high technology components and assemblies with a focus on Power Train Components and assemblies. The company is engaged in manufacturing components and assemblies to passenger vehicles, commercial vehicles, tractors, two-three wheelers and construction vehicles, in addition to non-auto segments.

Peers
Company Name CMP
SamvardhanaMotherson 159.75
Tube Investments 2217.75
Bosch 44880.45
UNO Minda 1105.30
Bombay Burmah Trdg. 1235.50
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