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The latest announcement is out from Nitco Limited ( (IN:NITCO) ).
Nitco Limited has announced the completion of the sale and transfer of its Wind Energy Business to Siva Green Energy India Private Limited. This strategic move, executed through a slump sale, allows Nitco to focus more on its core business operations, potentially enhancing its market position in the building materials industry.
More about Nitco Limited
Nitco Limited operates in the building materials industry, primarily focusing on the production and distribution of tiles, marble, and other related products. The company is known for its innovative designs and quality products, catering to both domestic and international markets.
YTD Price Performance: -20.79%
Average Trading Volume: 26,781
Current Market Cap: 7.76B INR
Learn more about NITCO stock on TipRanks’ Stock Analysis page.