|₹13.3 / ₹1.9|
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?
Incorporated in 1944, Premier Automobiles (PAL) manufactures passenger cars, trucks, buses, etc. PAL's Premier Padmini enjoyed a commanding position, along with Hindustan Motors, till 1984, before the launch of the Maruti 800. In Jan. '86, PAL started producing the 118 NE. PAL plans to rejuvenate itself through modernisation, new project launches and a joint venture with Automobiles Peugeot, France. It has also tied up with Fiat, Italy. As the present Padmini model is a product of Fiat, the latter will help upgrade the model. But the thrust will be on another model to be launched, named Uno, with technology from Fiat, Italy.