Videocon Industries, VI, and Videocon International Limited, VIL, are set to be merged, keeping up the steady flow of news the Group is generating over the past few days. Thomson, which will have 14% equity in VI, will have the power to nominate at least two people on the board.
On Thomson representation on the Videocon board.
Videocon Ind stock price
On August 22, 2014, Videocon Industries closed at Rs 168.30, up Rs 1.00, or 0.60 percent. The 52-week high of the share was Rs 211.05 and the 52-week low was Rs 153.00.
The latest book value of the company is Rs 316.39 per share. At current value, the price-to-book value of the company was 0.53.
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