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Mukand sells 48.30% of equity investment in Stainless India

07 Dec 2023 Evaluate

Mukand has transferred 48.30% of its equity investment in Stainless India (SIL) to India Thermal Power (ITPPL), for an aggregate consideration of Rs 66,78,600. Accordingly, SIL has ceased to be an associate company.

Mukand is a multi-division, multi-product conglomerate involved in the manufacture of specialty steel long products and heavy machinery.

Mukand Share Price

138.60 -0.55 (-0.40%)
24-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 182.70
JSW Steel 1240.65
Steel Authority 161.55
Jindal Stainless 714.55
APL Apollo Tubes 1825.70
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