Salem Erode Investments Ltd
Salem Erode Inv. | 540181
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About Company
- Salem Erode Investments Limited was originally incorporated as Salem Erode Electricity Distribution Limited on May 16, 1931 as a public limited company with the Registrar of Companies, West Bengal
- Subsequently, the name of the Company was changed to Salem Erode Tea & Investment Co
- Limited in 1975 and to Salem Erode Investment Limited in 1992
- The fresh Certificate of Incorporation was issued dated 24 July 1992
- Company is a Non-Banking Financial Company (NBFC) specializing in gold loan financing
- It deals in shares, stocks, debentures and securities issued by Government of India and Companies incorporated in India
- The Company lends money with or without security
- The Company was incorporated to acquire tea gardens, grow, raise, tend and cultivate tea, coffee, cinchona, rubber and carry on the business of tea planters in all its branches, to carry on and work the business of cultivators, winners and buyers of every kind of vegetable, other produce of the soil, to prepare manufacture and render marketable any such produce, and to sell, dispose of and deal in any such produce, either in its prepared, manufactured or raw state, and either by wholesale or retail
- The Company was acquired by ICL Fincorp Limited on 17 February, 2020
- The Company opened 8 new branches thus summing up to a total of 12 branches in South India in 2022
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Salem Erode Investments Ltd?
The current share price of Salem Erode Investments Ltd (Salem Erode Inv.) is ₹37.99. 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 Salem Erode Investments Ltd?
Salem Erode Investments Ltd has a 52-week high of ₹66.45 and a 52-week low of ₹29.00. This range shows the stock's price volatility over the past year.
What is the ROE of Salem Erode Investments Ltd?
Salem Erode Investments Ltd has a Return on Equity (ROE) of -21.72%. 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.
