|₹104.65 / ₹47.2|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Prakash Industries (PIL) was incorporated on 31 Jul. '80 as Prakash Pipes and Industries. The company was previously known as PIL Ltd and after that the name was changed to Prakash Industries Ltd. PIL came out with a public issue in Nov. '91 to part-finance the sponge iron project being set up at Champa, Madhya Pradesh, with an installed capacity of 1. 5 lac tpa. The company manufactures PVC pipes, B&W TV picture tubes and video tapes and cassettes. PIL has technical collaboration with Lurgi, Germany, for the sponge iron project.