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StocksDB › StocksDB › Hawk-Eye On The Stock Markets › EPC Industrie Research Report By ICICI-Direct
Tagged: EPC Industrie, ICICI-Direct, NanoNivesh
EPC Industrie (EPC), a Mahindra & Mahindra (M&M) subsidiary, is a micro-irrigation system (MIS) and component manufacturer based out of Nashik, Maharashtra. The co mpany was acquired by M&M in February 2011 and has been well ca pitalised over the years by M&M (net cash of ~| 8 crore in FY14 vis-à-vis net debt of ~| 30 crore in FY10). With savings arising from MIS & the government’s thrust to augment its farmer reach, EPC is well poised for robust growth ahead.
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