Industrial & Prudential Investment Company Ltd's earnings have grown by 5.8%, whereas share price has appreciated 6% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Industrial & Prudential Investment Company Ltd share price has appreciated 12.7% annually (CAGR) over the past ten years.
Data is not available for this company.
The Industrial & Prudential Investment Company is a Mumbai based 90-year-old investment company. It is a zero debt company and along with its 100% subsidiary, New Holding & Trading Company has an excellent equity investment portfolio. A.V.Setalvad, who is also the Chairman of KSB Pumps heads the company.
In 2000, the company proposed to transfer 17,28,000 shares held by the company's wholly-owned subsidiary, New Holding & Trading Co, to the company by December 15.
The company also holds equity in many other companies like Reliance Communication Ltd, Siemens, Dr Reddyâ€™s, Glaxo, Karur Vysya Bank, TCS, Bharat Electronics, BASF India, and IDBI. Most of the above are long- term investments and the acquisition cost of the total quoted equity held by the company is just around Rs.7.11 crores. Management is very conservative and not known to large scale portfolio churning.
New Holding & Trading Company