MoneyWorks4Me

Mahindra CIE Automotive subscribe additional stake in ReNew

27 Aug 2021 Evaluate

Mahindra CIE Automotive has further subscribed to 7,434,000 equity shares of face value of Rs 10 each of ReNew Surya Alok (ReNew). Accordingly, the said investment is made essentially to qualify as a captive consumer and thereby optimising the power cost at the plants. 

Mahindra CIE Automotive is a multi-technology automotive components supplier.

Peers
Company Name CMP
SamvardhanaMotherson 163.00
Tube Investments 2455.00
Bosch 47199.95
UNO Minda 1177.00
Bombay Burmah Trdg. 1415.80
View more..