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    • Amtek Auto plunges 39%: What's the hurry to sell today?

      Amtek Auto posted a loss of Rs 157.6 crore during the quarter against profit of Rs 86 crore in the same period last year due to higher interest cost. Net sales of the company declined 12.7 percent at Rs 854 crore in the June quarter against Rs 979 crore in the corresponding quarter of previous fiscal.

    • Not facing issues with lenders; will lower debt: Amtek Auto

      The company also has huge debt on its books, but Gautam Malhotra of Amtek Auto says he is exploring various options to reduce the same and expects to lower it by up to Rs 2,000 crore in the next two years.

    • Scholz acquisition to boost margins, EPS: Amtek India

      Scholz is a leading high quality hot die forgings manufacturer for the auto and non-auto component industries

    • Amtek Auto up 16%, arm gets Rs 1800 cr term loan from KKR

      As part of the definitive agreement inked between the two firms, KKR will provide Amtek Global Technologies (AGT) 235 million euro of long-term, flexible financing to replace its existing bridge loan and consolidate all of the company's existing debt.

    • Expect to reduce debt by $250-300 mn over next year: Amtek

      Amtek Auto's subsidiary Amtek Global has raised Rs 1,800 crore of long-term finance from global investment firm Kohlberg Kravis Roberts (KKR).

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