Business Standard

Amtek Group shares rally on acquisition of Kuepper Group of Germany

Amtek India has surged 12% to Rs 69.45, while Amtek Auto up 9% to Rs 74.80 in early morning deals on the BSE.

Related News

Shares of Amtek Group companies - and Amtek have rallied over 8% each on acquisition of Germany's of companies.

Amtek India in a regulatory filing said it has entered into an agreement to buy Germany's Kuepper group of companies, through its 100% subsidiaries. However, the company has not disclosed the acquisition amount.

The Kuepper Group is engaged in the business of iron and aluminum castings and integrated machining having five manufacturing units across Germany and Hungary.

Among the individual stocks, Amtek India has surged 12% to Rs 69.45, while up 9% to Rs 74.80 in early morning deals on the BSE.
 

Read more on:   
|
|
|

Amtek Group shares rally on acquisition of Kuepper Group of Germany

Amtek India has surged 12% to Rs 69.45, while Amtek Auto up 9% to Rs 74.80 in early morning deals on the BSE.

Amtek India has surged 12% to Rs 69.45, while Amtek Auto up 9% to Rs 74.80 in early morning deals on the BSE.
Shares of Amtek Group companies - and Amtek have rallied over 8% each on acquisition of Germany's of companies.

Amtek India in a regulatory filing said it has entered into an agreement to buy Germany's Kuepper group of companies, through its 100% subsidiaries. However, the company has not disclosed the acquisition amount.

The Kuepper Group is engaged in the business of iron and aluminum castings and integrated machining having five manufacturing units across Germany and Hungary.

Among the individual stocks, Amtek India has surged 12% to Rs 69.45, while up 9% to Rs 74.80 in early morning deals on the BSE.
 
image

Read More

Ads for IPOs can be innovative but risk disclosures must: Sebi

The ads typically follow similar formats containing numerous details without any usual creativity associated with other ads

Recommended for you

Advertisements

Quick Links

Market News

Nifty holds 8450; SBI ends 2.4% lower post results

Sensex ends 148 points higher at 27,957. HDFC, ONGC, TCS gain

Sensex ends above 27,900 amid volatile session

Provisionally, the Sensex gained 134.71 points to end at 27,944.06 and the Nifty rose 27.80 points to close at 8,448.80

Sangam (India) zooms over 50% in four days on stake hike by promoter

The stock is currently trading at its record high of Rs 125 and has rallied 54% from Rs 81 on May 19.

Sagar Cements surges after turnaround in Q4

The stock surged 16% to Rs 408 after reported net profit of Rs 21.70 crore in March quarter against loss of Rs 11.36 crore in the year ago ...

SBI pares early gains post Q4 results

The stock surged 5% to Rs 305 after reported 23% year on year jump in standalone net profit at Rs 3,742 crore in March quarter.

 

Back to Top