Shanthi Gears Ltd to purchase land and buildings at Sanand, Gujarat

Shanthi Gears Limited (SGL), a subsidiary of Tube Investments of India Limited (TII), has been actively exploring the growth opportunities. In order to meet business requirements from West & North region, SGL is exploring the opportunity for buying plants in Sanand.

In this regard, the Company has entered into an agreement with M/s. Shreeji Metazine LLP on 18th January, 2023 for purchasing Land and buildings at Sanand, Gujarat.

Shares of Shanthi Gears Limited was last trading in BSE at Rs. 345.15 as compared to the previous close of Rs. 353.75. The total number of shares traded during the day was 8390 in over 705 trades.

The stock hit an intraday high of Rs. 352.60 and intraday low of 343.60. The net turnover during the day was Rs. 2909145.00.

Source : Equity Bulls

Keywords

ShanthiGears INE631A01022 Sanand Gujarat PlantPurchase