Incorporated in 1959 Premier Tyres (PTL) is managed by Chairman O S Kanwar. PTL manufactures automobile tyres flaps and belts. Its manufacturing unit is located at Ernakulam Kerala.The company was declared a sick unit by the Board for Industrial and Financial Reconstruction (BIFR) and under a rehabilitation scheme prescribed by the Board PTL was taken over by Apollo Tyres in 1995. This involved Apollo subscribing to Premier's additional equity of Rs 10 cr at par. The authorised capital of the company has increased from Rs 4 cr to Rs 14 cr and its registered office shifted from Mumbai to Cochin. According to the BIFR order Apollo will operate Premier's plant on an irrevocable lease of 8 years and pay a total lease rental amounting to Rs 45.50 cr to Premier Tyres. Apollo will lift the entire production of Premier and sell the same under the Apollo brand name. |
PTL Enterprises Ltd.
BSE: 509220 | Sector: Others |
NSE: PTL | ISIN Code: INE034D01049 |
BSE 00:00 | 07 Jul | 30.45 |
0 (0.00%) |
OPEN
29.60 |
HIGH
30.75 |
LOW
29.60 |
NSE 00:00 | 07 Jul | 30.45 |
0.05 (0.16%) |
OPEN
30.50 |
HIGH
30.70 |
LOW
30.30 |
OPEN | 29.60 |
PREVIOUS CLOSE | 30.45 |
VOLUME | 9497 |
52-Week high | 41.80 |
52-Week low | 21.08 |
P/E | 12.23 |
Mkt Cap.(Rs cr) | 403 |
Buy Price | 0.00 |
Buy Qty | 0.00 |
Sell Price | 0.00 |
Sell Qty | 0.00 |
PTL Enterprises Ltd. (PTL) - Company History
Quick Links for PTL Enterprises:
-
News
Announcements Brokerage Reports Business Earnings Sector -
Corporate Action
AGM Board Meetings Bonus Dividends EGM Rights Split -
INFORMATION
Bulk Deals Company History MF Holding Listing Info Locations Shareholding -
Financials
Financial Overview Balance Sheet Profit & Loss Cash Flow Ratios Quarterly Results Half Yearly Results Nine Monthly Results Yearly Results -
Annual Report
Auditors Report Chairman's Speech Company Management Directors' Report Finished Goods Raw Materials -
Peer Comparison
Competition Market Cap Price Price Performance Net Sales Net Profit Total Assets Historical Prices