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.

SI Reporter  |  Mumbai 

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.
 

RECOMMENDED FOR YOU

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

LIVE MARKET

BSE 25818.93

54.15 (0.21 %)

NSE 7823.00

106.00 (1.37%)

Widgets Magazine

STOCK WATCH

No Record Found.
> More on BSE Gainers
Company Price() Chg(%)
Rasoya Proteins 0.25 25.00
Kitex Garments 780.65 15.25
Unichem Labs. 303.05 12.85
DLF 120.60 9.94
J B Chem & Pharm 286.00 9.62
> More on NSE Gainers
No Record Found.
> More on BSE Gainers
Company Price() Chg(%)
Amtek Auto 31.50 -34.98
Kaveri Seed Co. 446.85 -5.89
Castex Tech 52.10 -4.93
Container Corpn. 1396.30 -4.45
Oracle Fin.Serv. 3917.60 -3.68
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price