52w high/low | ₹5690 / ₹3054.55 |
P/E ratio | 85.56 |
Dividend | 0.29 |
ROE | 19.54 |
ROCE | 25.24 |
Face value | 10 |
Book value | ₹1,028.65Cr |
Market capital | ₹3,438.69Cr |
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?
Wendt (India) was promoted by S C Khatau in Dec. '83 in technical and financial collaboration with Wendt, Germany. Under the Khatau management, it was making losses right from inception (except in 1989-90). In Nov. '90, Carborundum Universal, a Murugappa group company, received support from the collaborators to take over the company. Wendt holds a 40% stake in the company. Wendt (India) manufactures premium grinding wheels made from diamonds and cubic boron nitrite. Being a leading manufacturer of abrasives, grinding wheels and refractories in the country, Carborundum Universal will be in a better position with this takeover.