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Simplex Infrastructures to divest its entire shareholding in Joy Mining Services India

27 Sep 2012 Evaluate

Simplex Infrastructures has received an approval to divest its entire shareholding at profit in Joy Mining Services India. The board at its meeting held on September 26, 2012 has approved for the same.

Joy Mining Services India is engaged in the business of underground coal mining services in India.

Simplex Infrastructure enjoys a rich record of industry presence and experience, vital in the business of infrastructure development. The company has seven business segments namely, Ground Engineering, Industrial, Building & Housing, Power, Marine, Roads, Railways & Bridges, and Urban infra.

Peers
Company Name CMP
Larsen & Toubro 3670.25
Kalpataru Projects 1320.10
NCC 117.80
Rail Vikas Nigam 181.35
KEC International 334.25
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