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Maithan Alloys Acquires Stake in NBCC (India) Limited

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Maithan Alloys Acquires Stake in NBCC (India) Limited

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Maithan Alloys Ltd. ( (IN:MAITHANALL) ) has issued an update.

Maithan Alloys Limited has announced the acquisition of equity shares in NBCC (India) Limited, a government-owned enterprise specializing in civil construction and project management consultancy. The acquisition, valued at Rs. 19.92 Crore, represents a 0.06% shareholding and is intended as an investment to gain long-term and short-term benefits without seeking control over NBCC’s management.

More about Maithan Alloys Ltd.

Average Trading Volume: 2,837

Technical Sentiment Signal: Buy

Current Market Cap: 32.17B INR

Learn more about MAITHANALL stock on TipRanks’ Stock Analysis page.

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