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Merger & Restructuring

HIM Teknoforge Merger & Restructuring

Him Teknoforge Ltd is calling off its joint venture agreement with Italian counterparts. The JV entity, Dinamico Axles & Drive Wheels Private Limited, will be struck off as it never commenced operations. No capital was infused by the company, resulting in zero financial impact.

Source

BSE filing, NSE: GUJAUTO. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

HIM Teknoforge Ltd: key numbers

Share price
₹258.30
Market cap
₹244.7 Cr
Revenue (annual)
₹435.2 Cr
Net profit (annual)
₹12.61 Cr
P/E (TTM)
17.6×Sector 30.5×
Promoter holding
54.37%+0.00% QoQ
FII holding
0.07%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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11:28 IST BSE
Partnership

HIM Teknoforge Partnership

Him Teknoforge signed an MOU with Richard Neumayer GmbH for strategic cooperation in market development and stainless-steel forging. No monetary value is stipulated in the 12-month agreement.

Execution
12 months initially

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