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LiveMint - Companies 89d ago
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and international acquisitions.
BFINVESTDEFENCEFOCUSGLOBALHGINFRAMBELNUVAMATECHUNIMECHZTECHCapital GoodsConstruction
positive
Moneycontrol NaNd ago
Momentum Stocks: Vikran Engg, Deccan Cements, TSF Investments, gain up to 8% on sheer momentum
Dr Reddy's Labs, Nuvama Wealth, GMR Airports, Aurobindo Pharma, Apollo Hospitals, among others hit 52-week high.
APOLLOAPOLLOHOSPAUROPHARMADECCANCEGMRAIRPORTINDIACEMMOMENTUMNUVAMATSFINVVIKRANWEALTHCapital GoodsConstruction