Symphony Ltd.

NSE: SYMPHONY | BSE: 517385 | ISIN: INE225D01027 | Industry: Consumer Electronics
| Expensive Performer
1121.2000 -33.60 (-2.91%)
NSE Mar 28, 2025 15:31 PM
Volume: 168.2K
 

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Symphony Ltd.
26 Jun 2018
1121.20
-2.91%
ICICI Securities Limited
Symphony Ltd has signed an agreement to purchase ~95% equity stake in Australia based Climate Technologies Pty Ltd (CTPL) for an enterprise value of | 201-221 crore (based on FY18 EBITDA). The company plans to finance the acquisition through a mix of debt (| 121 crore) and internal cash accruals (| 76 crore). Started in 1979, CTPL manufactures and sells evaporative air coolers (topline contribution of ~54%), ducted gas heaters (topline contribution of ~40%) and other cooling products (like air conditioners) in Australia and US. With the strong brand of Bonaire' and...
Symphony Ltd. has lost -30.66% in the last 6 Months
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