Pricol Ltd

See less merit in this transaction to be just a financial investment and believe it to have a strategic intent to either acquire Pricol in full or seek controlling stake or buyout of the instrument cluster division, say analysts

Pricol has strong expertise in areas where Minda plans to grow

Minda Corp bought Pricol’s shares at an average price of ₹208.98 each through open market purchases

Pricol sales affected by continued electronic chip shortage and supply chain disruptions, says MD

PAT for the full year ended March 31, 2022, stood at Rs 46 crore 

Sibros’ connected all-in-one platform to complement Pricol’s suite of products offering end-to-end solutions to the OEMs

Revenue from operations fell 14 per cent to ₹379 from ₹439 crore

Growth outlook favourable

To comply with authorities' directives for ensuring the health and safety of its employees and stakeholders.

Steep increase in commodity prices had an impact on EBITDA

In view of resurgence of Covid-19 and subsequent lockdown of States