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The latest announcement is out from Vesuvius India Ltd ( (IN:VESUVIUS) ).
Vesuvius India Limited, a company involved in manufacturing, has announced the sale of its land and structures at Visakhapatnam, previously part of its factory operations. The sale, amounting to Rs. 30.51 crores, is not expected to impact the company’s business operations or revenue as the factory had already ceased operations. The buyers, M/s. A.R. Steels and M/s. Madhuri Steel Enterprises, are not related to the company’s promoter group, and the transaction does not fall under related party transactions or any scheme of arrangement.
More about Vesuvius India Ltd
Average Trading Volume: 10,995
Technical Sentiment Signal: Hold
Current Market Cap: 100.3B INR
For an in-depth examination of VESUVIUS stock, go to TipRanks’ Overview page.