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Price Movement Clarification

Pradeep Metals Price Movement Clarification

Pradeep Metals Ltd clarified that news reports of a ₹560.15 Crore expansion are speculative. The company confirmed its Board had previously approved an investment of up to ₹250 Crore for a defense equipment facility in Nagpur and has identified land at Butibori Industrial Area. All necessary disclosures were previously submitted to exchanges.

Key figures
Value₹250.0 Cr
Source

BSE filing, NSE: PRADPME. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Pradeep Metals Ltd: key numbers

Share price
₹643.35
Market cap
₹1,111 Cr
Revenue (annual)
₹338.0 Cr
Net profit (annual)
₹30.34 Cr
P/E (TTM)
33.5×Sector 31.6×
Promoter holding
73.48%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:49 IST BSE
Acquisition

Pradeep Metals Acquisition

NCLT Mumbai sanctioned Nami Capital's amalgamation into listed Pradeep Metals. The scheme takes effect once the order is filed with the Registrar of Companies.

Execution
Effective on filing of the certified NCLT order with the Registrar of Companies, Mumbai; effective date to be disclosed later

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