Stock hits 5% after acquiring 55% stake in Tripathi ltd for defence & aerospace business

During Monday’s trading session, the shares of a company engaged in the engineering and mould base industry hit a 5 percent upper circuit at Rs. 644.7 on BSE, after announcing an acquisition to expand its presence in defence, aerospace and weapons manufacturing.  With a market cap of Rs. 362.6 crores, the shares of Sunita Tools … Continue reading Stock hits 5% after acquiring 55% stake in Tripathi ltd for defence & aerospace business