Chandni Machines Ltd
Chandni Machines | 542627
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About Company
- Chandni Machines Limited was originally incorporated as a Wholly-owned subsidiary Company of Chandni Textiles Engineering Industries Limited (Holding Company) on 12th April, 2016 under the name of 'Chandni Machines Private Limited'
- The Company got converted into Public Limited on 26th July, 2018 and name of the Company changed to Chandni Machines Limited
- The Company is primarily engaged in trading of engineering goods
- In 2018, Composite Scheme of Arrangement for Demerger between Chandni Textiles Engineering Industries Limited (CTEIL) and Chandni Machines Private Limited (CMPL) was implemented
- Pursuant to the Composite Scheme of Arrangement, the Company got demerged from Chandni Textiles Engineering Industries Limited (CTEIL), in January 2018
- Following the demerger approved by the National Company Law Tribunal (NCLT), the Engineering Division of Chandni Textiles Engineering Industries Limited was transferred to the newly formed Chandni Machines Limited, making the Scheme of Demerger effective from January 24, 2018
- As a result, shareholders of Chandni Textiles received one share of Chandni Machines for every five shares in the ratio of 1:5 they held during the year 2018
- Accordingly, the Board of Directors of the Company had allotted 32,27,433 Equity Shares of Rs 10 each to the shareholders of (CTEIL)
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Chandni Machines Ltd?
The current share price of Chandni Machines Ltd (Chandni Machines) is ₹97.99. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Chandni Machines Ltd?
Chandni Machines Ltd has a 52-week high of ₹127.74 and a 52-week low of ₹31.00. This range shows the stock's price volatility over the past year.
What is the ROE of Chandni Machines Ltd?
Chandni Machines Ltd has a Return on Equity (ROE) of 15.04%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
