Swastik Pipe
19.70
+0.35(+1.81%)
Market Cap₹45.77 Cr
PE Ratio-0.78
Company Performance:
1D+1.81%
1M+21.60%
6M-0.51%
1Y-37.66%
5Y-72.92%
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Latest news about Swastik Pipe
SBI-Led Lender Group Requests Forensic Audit of Swastik Pipe Following NPA Classification; CA Firm Engaged to Examine ₹140 Crore Credit Risk Jul 07, 2026
An SBI-led lender group has commissioned a forensic audit of Swastik Pipe spanning the last six years, triggered by the account's NPA classification. A CA firm has been engaged to examine the associated credit risk of ₹140 crore. The audit represents a formal escalation of lender scrutiny into the company's financial records and credit utilisation. The findings are expected to guide the lenders' recovery and resolution strategy going forward.
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