Crompton Greaves will issue 22 fully paid up shares of Rs 2 each for every five fully paid up shares of Rs 10 each of Butterfly
The Rs 2,076 crore buy to earnings accretive from second year of acquisition
Shares of Crompton Greaves Consumer Electricals also rallied 5 per cent to Rs 396.35 on the BSE in intra-day trade
Stocks like Sun Pharma, Dr.Reddy's and others having exposure to Europe are likel to be in focus as the Russia-Ukraine crisis deepens.
The company reported a profit after tax (PAT) of Rs 9.9 crore in Q4FY21, on the back of healthy revenue growth, against loss of Rs 7.6 crore in Q4FY20
For the quarter ended June 2020 (Q1FY21), the company reported a net loss of Rs 8.61 crore.
They say kitchen improvement is likely to be a top priority in Indian homes; customers may also go for local products instead of Chinese-made ones
The stock was locked in upper circuit of 20% at Rs 299 on the BSE, after the credit rating agency revised its outlook on the long-term bank facilities of the company to 'Positive' from 'Stable'.
On Tuesday, December 19, 2017, Ashish Kacholia purchased 200,000 shares representing 1.12% of total equity of Butterfly Gandhimathi Appliances at price of Rs 525 per share on NSE.