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Bhagyanagar India Limited Acquires Majority Stake in Surana Electrix

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Bhagyanagar India Limited Acquires Majority Stake in Surana Electrix

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Bhagyanagar India Limited ( (IN:BHAGYANGR) ) has shared an update.

Bhagyanagar India Limited has acquired a 51% stake in Surana Electrix Private Limited, making it a subsidiary. This acquisition aligns with Bhagyanagar’s strategic focus on expanding its operations in the solar energy sector, potentially enhancing its market position and offering new opportunities for growth in renewable energy projects.

More about Bhagyanagar India Limited

Bhagyanagar India Limited, part of the Surana Group, operates in industries related to manufacturing parts and accessories for motor vehicles and engines, as well as trading, distributing, and manufacturing solar energy-related products.

YTD Price Performance: -21.66%

Average Trading Volume: 6,425

Current Market Cap: 2.45B INR

See more data about BHAGYANGR stock on TipRanks’ Stock Analysis page.

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