Pidilite to invest up to Rs 100 cr in Nina Waterproofing

Written By Unknown on Selasa, 31 Maret 2015 | 08.11

Nina Waterproofing Systems (Nina) was incorporated on November 11, 2014 to engage in the business of supply, installation and application of waterproofing systems. Shares of the company today closed at Rs 597.45 apiece on BSE today.

Pidilite Industries  on Monday said it will invest up to Rs 100 crore in Nina Waterproofing Systems in which it plans to have 70 per cent equity stake. In a regulatory filing, Pidilite Industries said, the Board of Directors today approved investment in equity shares of Nina and it proposed to make the firm its subsidiary by acquiring 70 per cent stake in the firm.

"The initial investment of the company in Nina will be about Rs 23.33 lakh.

The board has also approved additional investment up to Rs 100 crore in Nina," the filing added.

Nina Waterproofing Systems (Nina) was incorporated on November 11, 2014 to engage in the business of supply, installation and application of waterproofing systems. Shares of the company today closed at Rs 597.45 apiece on BSE today.

Pidilite Ind stock price

On March 30, 2015, Pidilite Industries closed at Rs 597.45, down Rs 2.95, or 0.49 percent. The 52-week high of the share was Rs 637.55 and the 52-week low was Rs 286.40.


The company's trailing 12-month (TTM) EPS was at Rs 10.01 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 59.69. The latest book value of the company is Rs 39.78 per share. At current value, the price-to-book value of the company is 15.02.


Anda sedang membaca artikel tentang

Pidilite to invest up to Rs 100 cr in Nina Waterproofing

Dengan url

https://citraasa.blogspot.com/2015/03/pidilite-to-invest-up-to-rs-100-cr-in.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Pidilite to invest up to Rs 100 cr in Nina Waterproofing

namun jangan lupa untuk meletakkan link

Pidilite to invest up to Rs 100 cr in Nina Waterproofing

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger