Volex (VLX)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM 50

340.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 342.00
  • 52 Week Low: 263.00
  • Currency: UK Pounds
  • Shares Issued: 181.62m
  • Volume: 122,312
  • Market Cap: £618.41m
  • RiskGrade: 228

Volex completes acquisition of inYantra Technologies

By Josh White

Date: Monday 16 May 2022

LONDON (ShareCast) - (Sharecast News) - Integrated manufacturing and power products company Volex announced on Monday that it has completed the acquisition of inYantra Technologies.
The AIM-traded firm said the completion came after it concluded the purchase of industrial land and operational buildings at the inYantra site in Pune, India, for $5m (£4.08m).

That property purchase itself followed the completion of a 51% equity investment in inYantra for $8m, on 30 March.

"The completion of our acquisition of inYantra, provides an excellent strategic opportunity to expand our global footprint, which is consistent with our strategy, and will bring new and strengthened capabilities in the key Indian market," said executive chairman Nat Rothschild.

At 1143 BST, shares in Volex were down 2.43% at 240.5p.

Reporting by Josh White at Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Volex Market Data

Currency UK Pounds
Share Price 340.50p
Change Today 2.50p
% Change 0.74 %
52 Week High 342.00
52 Week Low 263.00
Volume 122,312
Shares Issued 181.62m
Market Cap £618.41m
RiskGrade 228

Volex Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.39% below the market average69.39% below the market average69.39% below the market average69.39% below the market average69.39% below the market average
23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average
Price Trend
75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average
Income
52.96% below the market average52.96% below the market average52.96% below the market average52.96% below the market average52.96% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Growth
45.83% above the market average45.83% above the market average45.83% above the market average45.83% above the market average45.83% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Volex Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 20-Jul-23
Paid 10-Jan-24 25-Aug-23
Amount 1.40p 2.60p

Trades for 09-May-2024

Time Volume / Share Price
14:18 828 @ 340.50p
14:18 142 @ 340.50p
14:18 100 @ 340.50p
14:17 2,991 @ 340.80p
14:06 9 @ 339.89p

Volex Key Personnel

CFO Jon Boaden

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