India Nippon Electricals Limited
India Nippon Electricals is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable enginesIt was incorporated in 1984 and was converted into a joint venture in 1986 between Lucas Indian Service Ltd, a wholly-owned subsidiary of Lucas-TVS Ltd and MAHLE Electric Drives Japan Corporation(Japan) – a company of MAHLE Group
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India Nippon Electricals Limited has clarified that the recent surge in the trading volume of its equity shares is purely market-driven. The company confirmed it has consistently disclosed all material information and events as required and is unaware of any undisclosed pending developments or announcements that could influence its stock...
INDNIPPON received Rs 14.19 Cr compensation from the State of Haryana for land acquired in 2010. This significant non-operating income enhances the company's financial position.