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Capacity Expansion

Syncom Formulation (India) Capacity Expansion: ₹57.26 Cr Investment

Syncom Formulations (India) Limited has completed the acquisition of a commercial property in Mumbai from HDFC Bank Ltd for ₹57.26 Crore. The purchase involves the entire 7th Floor of Trade Star, Andheri-Kurla Road. This material acquisition was funded as a full and final consideration for the asset.

Key figures
Value₹57.26 Cr
Source

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

Read the filing ↗

Syncom Formulation (India) Ltd: key numbers

Share price
₹20.88
Market cap
₹1,963 Cr
Revenue (annual)
₹489.2 Cr
Net profit (annual)
₹76.44 Cr
P/E (TTM)
22.9×Sector 37.9×
Promoter holding
50.57%+0.00% QoQ
FII holding
2.23%Current quarter

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

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Value
₹500.0 Cr
Execution
FY28 and FY29, phased
forging capacity
24000.0 MTPA
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