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India

ZF Steering Gear (India) Ltd (ZFST.BO)

ZFST.BO on Bombay Stock Exchange

382.15INR
18 Oct 2019
Change (% chg)

Rs-6.15 (-1.58%)
Prev Close
Rs388.30
Open
Rs396.50
Day's High
Rs396.50
Day's Low
Rs380.00
Volume
1,973
Avg. Vol
1,617
52-wk High
Rs901.00
52-wk Low
Rs335.00

Latest Key Developments (Source: Significant Developments)

ZF Steering Gear (India) Accepts Settlement Proposal W.R.T JV With Robert Bosch Automotive Steering GmbH, Germany
Tuesday, 28 May 2019 

May 28 (Reuters) - Zf Steering Gear (India) Ltd ::ACCEPTED PROPOSAL OF SETTLEMENT CONNECTED WITH JV WITH ROBERT BOSCH AUTOMOTIVE STEERING GMBH,GERMANY.TRANSACTION IS EXPECTED TO BE COMPLETED IN JULY 2019.PROPOSAL W.R.T. SALE, TRANSFER OF 129.4 MILLION SHARES OF ROBERT BOSCH AUTOMOTIVE STEERING TO ROBERT BOSCH AUTOMOTIVE STEERING GMBH.DEAL FOR 625 MILLION RUPEES.  Full Article

ZF Steering Gear (India) Says Petition Filed By Robert Bosch Automotive Steering GMBH for Winding Up Of JV Co
Friday, 22 Feb 2019 

Feb 22 (Reuters) - ZF Steering Gear (India) Ltd ::NCLT INTIMATES THAT PETITION HAS BEEN FILED BY ROBERT BOSCH AUTOMOTIVE STEERING GMBH, FOR WINDING UP OF JV CO.  Full Article

ZF Steering Gear (India) Dec Qtr Net Profit After Tax Falls
Monday, 4 Feb 2019 

Feb 4 (Reuters) - ZF Steering Gear (India) Ltd ::DEC QUARTER NET PROFIT AFTER TAX 89.2 MILLION RUPEES VERSUS PROFIT 126.2 MILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 1.09 BILLION RUPEES VERSUS 1.01 BILLION RUPEES YEAR AGO.  Full Article

ZF Steering Gear (India) Terminates Employment Of 236 Employees Following En-Mass Leave
Monday, 29 Oct 2018 

Oct 29 (Reuters) - ZF Steering Gear (India) Ltd ::SAYS TERMINATION OF EMPLOYMENT OF 236 EMPLOYEES.ENQUIRY PROCEEDINGS WERE INITIATED BY CO TO INVESTIGATE CHARGES OF MISCONDUCT AGAINST EMPLOYEES RELATING TO EN-MASS LEAVE.SAYS CONCERNED EMPLOYEES WERE FOUND GUILTY OF MISCONDUCT IN PROCEEDINGS.ALL CONCERNED EMPLOYEES HAVE BEEN PAID THEIR DUE AMOUNT UNDER PROVISIONS OF LAW.SAYS COMPANY IS MAKING ALTERNATE ARRANGEMENTS SO AS TO MINIMIZE LOSS OF PRODUCTION.  Full Article

ZF Steering Gear (India) Sept-qtr profit rises
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - ZF Steering Gear (India) Ltd :Sept quarter net profit 104.5 million rupees versus profit 97.2 million rupees year ago.Sept quarter revenue from operations 1.10 billion rupees versus 1 billion rupees year ago.  Full Article