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Schneider Electric Infrastructure Limited ( (IN:SCHNEIDER) ) just unveiled an update.
Schneider Electric Infrastructure Limited has clarified that a recent media report about a Rs 623 crore expansion of Hyderabad facilities pertains to another group entity, Schneider Electric India Private Limited, and not to the listed company itself. The company added that, as of now, there is no undisclosed information, event, or development requiring disclosure under SEBI’s listing regulations, effectively signalling to investors that the reported expansion has no direct bearing on its current operations or valuation.
More about Schneider Electric Infrastructure Limited
Schneider Electric Infrastructure Limited operates in the electrical equipment and infrastructure segment, focusing on power distribution and related solutions in India. It is a listed subsidiary of Schneider Electric SE, France, alongside other group entities such as Schneider Electric India Private Limited.
Average Trading Volume: 30,580
Technical Sentiment Signal: Hold
Current Market Cap: 140B INR
For an in-depth examination of SCHNEIDER stock, go to TipRanks’ Overview page.