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Acquisition

Nandan Denim Acquisition Worth ₹4 Cr

Nandan Denim Limited will invest ₹4.00 Crore to acquire a 6.1% stake in Opera Vayu (Narmada) Private Limited. This strategic investment in a renewable energy SPV ensures a steady supply of wind and solar power for 25 years at competitive rates, reducing power costs at the company's Bareja plant.

Key figures
Value₹4.00 Cr
Execution period25 years
Source

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

Read the filing ↗

Nandan Denim Ltd: key numbers

Share price
₹2.52
Market cap
₹363.2 Cr
Revenue (annual)
₹2,872 Cr
Net profit (annual)
₹33.13 Cr
P/E (TTM)
9.9×Sector 49.0×
Promoter holding
51.01%+0.00% QoQ
FII holding
0.63%Current quarter

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

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