MoneyWorks4Me

Cams Technology acquires stake in Precision Camshafts

11 Dec 2019 Evaluate

Cams Technology has acquired 50,000 equity shares of Precision Camshafts (PCL) on December 9, 2019 being 0.05% of the total paid-up equity share capital of PCL. After acquisition of stake the shareholding of the entity in Precision Camshafts has increased to 65.28%.

Precision Camshafts is one of the world’s leading manufacturers and supplier of camshafts, a critical engine component, in the passenger vehicle segment based on its estimated global market share by volume.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
View more..