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Geekay Wires acquires stake in ASP

10 Mar 2023 Evaluate

Geekay Wires has acquired 28950 equity share of ASP having face value of Rs 100 each pursuant to a share purchase agreement. Cost of acquisition is Rs 2.80 crore. The objective of acquisition is to expand existing business which also deals in Nuts and Bolts.  

Geekay Wires is a manufacturer, exporter and supplier of the superlative wires and cables.

Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 187.20
Steel Authority 177.60
Jindal Stainless 711.45
APL Apollo Tubes 2231.70
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