IFB Industries has received approval to acquire as a going concern / running business, on a slump sale basis the Stamping Business and on asset purchase basis etc. the motor business from IFB Automotive at a consideration of Rs 35 crore and Rs 10 crore respectively. The Board of Directors of the Company at its meeting held on August 30, 2019 has approved the same.
IFB Industries is the premier Fine Blanker in India having Fine Blanking Presses. The product range includes fine blanked components, tools and related machine tools like straighteners, decoilers, strip loaders and others.
| Company Name | CMP |
|---|---|
| LG Electronics India | 1505.15 |
| Dixon Technologies | 10805.75 |
| IFB Industries | 1186.60 |
| Honeywell Automation | 30157.85 |
| Elin Electronics | 131.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: