The 5-year analysis of Kanani Industries Ltd's performance infers:
We analysed the performance of Kanani Industries Ltd share prices over the last 10 years. Here is what we found out:
Kanani Industries Limited (KIL) was initially incorporated on March 22, 1983 with the Registrar of Companies Maharashtra, Mumbai, as a public limited company under the name of â€œShivlaxmi Mercantile Company Limitedâ€ (later changed to IMP Finance Limited).
KIL was acquired by Premjibhai D. Kanani and Vinubhai L. Kanani on April 9, 2007 vide change in management and control in shareholding of the company under the name IMP Finance Limited,
KIL was acquired by Premjibhai D. Kanani and Vinubhai L. Kanani on April 9, 2007 vide change in management and control in shareholding of the company under the name IMP Finance Limited, which was subsequently changed to â€œKanani Industries Limitedâ€ on October 19, 2007 vide certificate of change of Name issued by the registrar of companies Maharashtra Mumbai.Further the company had acquired land at SEZ, Sachin, Surat (Gujarat), and build up its own four story factory,
The company is engaged in diamonds studded jewellery business having sophisticated hyper technical unit.Kananiâ€™s has evolved around the elegance of the diamond, mastercraftmanship and the most exacting standards. Every Kanani creation undergoes intricate finishing, attention to details and relentless quality confirmation that gives it that unmistakable aura of confidence and pristine beauty.