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Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/17427
Title: Lakme limited: An equity research report; The ICFAI-SRC, Hyderabad
Authors: Vyas, Sundeep 
Keywords: Equity research;Financial management;Economic analysis;Financial analysis
Issue Date: 1995
Publisher: Indian Institute of Management Bangalore
Series/Report no.: PGP_SP_N5_047
Abstract: In the fifties, immediately after independence, the government was worried over the large amount of foreign exchange being spent on imported cosmetics. Jawahar Lal Nehru, the P.M. at that time, suggested to Tata's to enter into the cosmetics industry. Thus in 1952 TOMCO promoted Lakme Ltd. as a 100% subsidiary, with the objective of manufacturing high grade perfumes, toiletries and cosmetics. Through a public issue in Dec., 1982 TOMCO reduced it's holding to 30%
URI: https://repository.iimb.ac.in/handle/2074/17427
Appears in Collections:1990-1995

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