India Radiators Ltd
India Radiators | 505100
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About Company
- India Radiators Limited (formerly known as Rayale Corporation (Mysore) Limited) was incorporated on 5 January, 1949
- Initially, the Company was engaged into the business of sub assembly of automotive components
- But since, there are no operations taking place in Chennai, the Company is engaged in Renting of Properties
- The Company made profits upto the year 1997, thereafter from 1998, it incurred heavy losses
- The net worth of the Company became negative in September 1999
- It was declared Sick by BIFR as per section 3(1) (o) of the Sick Companies (Special Provisions) Act, 1985 during July 2000
- The Draft Rehabilitation Scheme (DRS) filed by the Company under Sick Industrial Companies Act of 1985 (SICA) was under consideration of Board for Industrial and Financial Reconstruction (BIFR) till the Act was repealed in 2016
- Mercantile Ventures Limited became the holding company with effect from 06 September, 2019
- Business operations at Puducherry was discontinued with effect from March 31, 2023
- In 2023-24, pursuant to Open Offer process, Mercantile Ventures Limited (MVL) acquired 38
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of India Radiators Ltd?
The current share price of India Radiators Ltd (India Radiators) is ₹15.87. 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 India Radiators Ltd?
India Radiators Ltd has a 52-week high of ₹15.87 and a 52-week low of ₹11.30. This range shows the stock's price volatility over the past year.
What is the ROE of India Radiators Ltd?
India Radiators Ltd has a Return on Equity (ROE) of 0.00%. 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.
