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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 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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