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Company Financials
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About Salem Erode Investments Ltd
Stock PE (TTM)
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Salem Erode Investments Limited was originally incorporated as Salem Erode Electricity Distribution Limited on May 16, 1931 as a Public Limited Company in Kolkata under the Registrar of Companies, West Bengal. Subsequently, the name of the Company was changed to Salem Erode Tea & Investment Co. Limited in 1975 and to "Salem Erode Investment Limited" in 1992. The fresh Certificate of Incorporation was issued dated 28 November, 1975 and 24 July 1992 respectively. The Company got listed on Madras Stock Exchange Limited. The Company is carrying on its business as a Non Banking Financial Company. It deals in shares, stocks, debentures and securities issued by Government of India and Companies incorporated in India. The Company also lends money with or without security. The Company incorporated to acquire tea gardens, grow, raise, tend and cultivate tea, coffee, cinchona, rubber and carry on the business of tea planters in all its branches, to carry on and work the business of cultivators, winners and buyers of every kind of vegetable, other produce of the soil, to prepare manufacture and render marketable any such produce, and to sell, dispose of and deal in any such produce, either in its prepared, manufactured or raw state, and either by wholesale or retail. The Company was acquired by ICL Fincorp Limited on 17 February, 2020. The Company opened 8 new branches thus summing up to a total of 12 branches in South India in 2022. Further, it opened 4 more branches in Kanyakumari district of Tamil Nadu in 2023.
Salem Erode Investments share price as on 19 Jun 2025 is Rs. 44.8. Over the past 6 months, the Salem Erode Investments share price has decreased by 17.87% and in the last one year, it has decreased by 18.52%. The 52-week low for Salem Erode Investments share price was Rs. 36.56 and 52-week high was Rs. 62.
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Salem Erode Investments Ltd FAQs
You can buy Salem Erode Investments Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Salem Erode Investments Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 19, 2025 12:30 PM the closing price of Salem Erode Investments Ltd was Rs.44.80.
The latest PE ratio of Salem Erode Investments Ltd as of Jun 19, 2025 12:30 PM is 0.00
The latest PB ratio of Salem Erode Investments Ltd as of Jun 19, 2025 12:30 PM is 0.38
The 52-week high of Salem Erode Investments Ltd share price is Rs. 62.00 while the 52-week low is Rs. 36.56
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 19, 2025 12:30 PM, the market cap of Salem Erode Investments Ltd stood at Rs. 51.37 Cr.
Market Outlook
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