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Measuring Swaraj Engines Limited's (NSE:SWARAJENG) track record of past performance is a valuable exercise for...
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During the financial year 2009–10 the company had issued 3,984,946 equity share of Rs. 10 each at a premium of Rs. 190 per share on rights basis to the Equity shareholders of the company in the ratio of 11 equity shares for every 50 Equity shares held on the record date and raised Rs. 796989,000 for financing of Expansion project, repayment ...
Swaraj division [2] is a tractor and farm equipment making company which is owned by Mahindra & Mahindra Ltd. Formerly known as Punjab Tractors Limited, the company was taken over by Mahindra Group in 2007 and subsequently in 2009, the name was changed to swaraj division.
It has grown its dividend at a 10% compound annual rate over the past 20 years, which has helped power magnificent total returns of over 15% annually, compared with about 10% for the S&P 500.
In 1992, Wright founded Pinnacle Technologies, a company involved in commercial shale gas production through fracking and served as its CEO until 2006. He was also chairman of Stroud Energy (current Stroud Exploration Company), [6] another company involved in the production of shale gas, before he sold the company in 2006. [5]
It should have plenty of fuel to increase its 6.5%-yielding dividend in the coming years. Closing the deals This year has been a transformational one for Enbridge.