Buy Carborundum Universal, target price Rs 600: Angel BrokingCarborundum Universal Ltd., incorporated in the year 1954, is a Mid Cap company (having a market cap of Rs 9359.59 Crore) operating in Indu...
10 Mar, 2021, 11.46 AM IST
Kerala rains dirupt Carborundum Universal's hydel power plant operationsCUMI has a market capitalisation of over Rs 6.500 crore and shares of the company were down 0.83% on Thursday at Rs 348.50.
16 Aug, 2018, 04.08 PM IST
Carborundum Universal opens new units for specialty mineralsCumi's turnover is expected to touch Rs 2200 crore in the current fiscal, 35 % of which will come from the electromineral plant in Kochi.
23 Mar, 2017, 05.25 PM IST
Murugappa Group company Carborundum Universal Q1 net profit surges 25.5%The Chennai-based abrasives manufacturer registered a net profit of Rs 27.36 crore during the same period of the previous fiscal.
03 Aug, 2015, 06.16 PM IST
Carborundum Universal Ltd Q2 net falls 47.2 per centCarborundum Universal Ltd reported a 47.2 per cent decline in its consolidated net profit in the July-September 2014 quarter at Rs 15.28 cr...
01 Nov, 2014, 08.22 PM IST
ET 500: What makes Carborundum Universal (CUMI) a mini General Electric in the makingA focussed acquisition policy and diversification into innovative verticals will help CUMI ride the surge in global & local orders.
16 Sep, 2014, 08.36 AM IST
Carborundum Universal Q1 net down 25% at Rs 28.78 croreConsolidated total income from operations for the Q1 ending June 30, 2013 almost remained flat at Rs 507.72 crore as against Rs 503.08 cror...
30 Jul, 2013, 04.23 PM IST
- Cumi delays Russian expansion plans by 6 months on power cost woes
Cumi has decided to delay its Russian expansion plan by six months, hit by a 16% increase in power cost there.
02 Nov, 2012, 02.59 PM IST
- Carborundum Universal net falls 30.82 per cent in June quarter
Carborundum Universal today reported a 30.82 per cent decline in net profit at Rs 38.42 crore for the quarter ending June 30, 2012.
07 Aug, 2012, 08.11 PM IST
- CUMI reiterates intent to buy out 3M in Wendt
It was in 2010 that by virtue of its nearly $500 million purchase of Winterthur Technologies 3M became an equal joint venture partner of Ca...
15 May, 2012, 06.59 PM IST
- Murugappa group-3M battle over Wendt India enters new phase
The battle between the Murugappa group and 3M for control of Wendt India has entered a new phase, with the American conglomerate indicating...
09 Mar, 2012, 04.04 AM IST
- 3M makes open offer for Wendt (India) Ltd
3M (Schweiz) AG made an open offer to shareholders of Wendt (India) Ltd - a move that it described as a formality, in the face of a court i...
07 Jun, 2011, 07.06 PM IST
- Murugappa group PBT up 29% at Rs 1354 cr in FY 10
Taking on a challenging economic environment, the family owned diversified Murugappa group lifted its profit before tax by 29% to Rs 1354 c...
06 May, 2010, 07.11 PM IST
- CUMI recasts Chinese arm biz
Carborundum Universal, part of Murugappa group has signed a "division agreement" with its Chinese joint venture partner, China Metallurgica...
02 Sep, 2009, 07.21 PM IST
- Murugappa to invest Rs 1300 crore in current fiscal
Murugappa Group of Companies will invest Rs 1,300 crore in the current fiscal for the expansion of various companies of the group.
05 May, 2008, 06.45 PM IST
- Carborundum Universal buys 84 pc stake in Russian firm
Carborundum Universal Ltd says it has acquired majority stake in a Russian firm for $37 million (about Rs 150 crore).
07 Sep, 2007, 10.15 PM IST
- CUMI acquires 84% stake in Russian company for Rs 150 cr
Carborundrum Universal Ltd (CUMI), the flagship company of Murugappa group, today announced acquiring 84 per cent of stake in a Russian fir...
07 Sep, 2007, 08.15 PM IST